Lease renegotiations and renewal
Coldwell Banker Commercial lease renegotiation and renewal services, offer to our Clients, to always get in the best strategic position which allow the lease renegotiation and renewal of the main terms of the contract, as per the Client interest and current market situation.
We get involved in the details, we provide the support and services needed to make a successful transaction — with no surprises.
We also understand that confidentiality is critical. At Coldwell Banker Commercial we protect your sensitive information throughout the course of a transaction.
This service includes:
- Finding a real estate solution, considering a potential new lease and relocation or a renegotiation of the existing lease and staying in site;
- Evaluation of the current lease contract (from a commercial point of view);
- Identify appropriate relocation opportunities (and marketing the excess office when necessary);
- Market research of comparable buildings, as a back-up plan;
- Determine current vacancies of comparable properties;
- Analyze and compare on a financial and contractual bases the relocation options;
- Develop the best strategy for finding win-win solutions;
- Commercial lease renegotiation;
- Preparation of new lease terms & conditions (from a commercial point of view);
- New contract signing;
- Achieve substantial savings for clients, represented by reduced area and/or rent, other incentives.
Coldwell Banker Commercial aim is to deliver the best outcome at both rent review and lease renewal. Whether you're a Tenant or a Landlord, the terms of your lease will impact your business. From rent reviews, lease renewals and break options to restructuring and general advice, our goal is to renegotiate terms to better suit both sides of the equation.
Working closely with colleagues in Leasing and Property Markets, our team brings a depth of market knowledge and commercial savvy that enables us to think outside the box.
We will help both occupiers and investors to fit their property portfolios to their business and investment needs. Coldwell Banker Commercial clients benefit from our professional approach, market expertise benchmarks models and negotiation power.