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Feb 1, 2016
Is Bigger Really Better? Leasing the Right Size and Shape of Commercial Space
So often, tenants come to The Lease Coach stating that they are not making any money because their rent is too high. Sometimes, this is a true statement but, more often than not, the tenant has simply leased too many square feet.
We remember consulting to a client leasing 5000 square feet of space who couldn’t afford to pay the rent. When we checked with neighbouring tenants, it turned out our client was actually paying less per square foot than anyone else. It wasn’t the rent...