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A Definitive Guide on Commercial Property Leasing

When it comes to leasing commercial property, there are a number of important factors to consider. In this definitive guide, we will introduce you to the key aspects of commercial property leasing, so you can make the best decisions for your business. First and foremost, it is important to have a clear understanding of your business needs.

7 Tips to Negotiate a Commercial Lease

You’ve found it — the perfect location for your business! This space checks all the boxes for what your business needs, and to say you’re eager to move in would be the understatement of the century.But before you get the keys to your new workspace, you need to sign the commercial lease —and before that happens, you must negotiate with the property owner. For those unfamiliar with the process, understanding the difference between a fair negotiation and one that unfairly benefits the property owner may not be as clear. Learn how you can settle on a fair commercial lease agreement and ensure a fair deal for both parties.

Everything You Need To Know About A Commercial Property Lease

It's important to be aware that commercial and residential leases have major differences. Commercial leases are not subject to as many consumer protection laws. For example, the privacy of a tenant is not guaranteed with a commercial lease, and there is no standard limit to the amount charged for a security deposit. There also is no standard form for a commercial lease, meaning it can be customized to meet the needs of the landlord; but for a tenant that means closely reviewing a commercial lease before signing.

Why You Should Hire a Commercial Real Estate Broker

If you’re thinking of buying or selling a commercial property, you should strongly consider enlisting the help of a professional commercial real estate broker. A good broker will have an intimate knowledge of the local market, which is crucial in correctly pricing a property. Additionally, a broker can save time and energy by doing much of the legwork, such as arranging showings, negotiating with buyers or sellers, and drawing up contracts.