Forward thinking Tenants are preparing for the inevitable upsurge in rental rates by pursuing early lease recasts and extensions of lease terms with good up-front concession terms.
In today’s market you certainly get what you pay for. However, Landlords in a sound financial position are not begging for every Tenant deal that comes along, they are very selective – contrary to what many Tenants may think. Landlords care about quality too. They want stable Tenants with a good financial history and sound management.
True start-ups will find it hard to negotiate the “great deals” they read about in the news.