April 19, 2016
With extremely tight industrial markets and vacancies hitting their lowest levels in decades, the chances of lease renewals has increased. Allen Buchanan says that it is not only costly for a tenant to relocate, but it is also very costly for a landlord to lose a tenant. The loss translates to nearly 20-30% of future income on that deal.
Watch the video to learn more about how to successfully complete a lease renewal, and share your thoughts @connectCRE @allencbuchanan #TuesdayTrafficTips.