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Tag Archives: lease

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8 Reasons why Landlords Avoid Options to Renew

Many Landlords are reluctant to give tenants an Option to Renew a Commercial Lease for numerous reasons.  Such options can limit the Landlord’s flexibility far into the future. Listed below are some of the reasons why a Landlord may avoid the Option to Renew clause: Limits landlord’s ability to redevelop or release the building or […]

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The Versatility of FLEX Space

What is flex space? Flex space is a term used for lightly zoned buildings. It is also used when referring to industrial or office space. According to CoStar, it is “a type of building designed to be versatile, which may be used in combination with office (corporate headquarters), research and development, quasi-retail sales, and including but not […]

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