Monday, October 4, 2010

Ten Things Retailers Must Know Before Renewing Or Entering A Lease

From timing to location, there are many factors for retailers to consider when signing a new lease  or re-negotiating an existing one. Whether its deciphering legal jargon or considering alternative comparable spaces in the immediate area,  its important to analyze all the options before putting pen to paper.
Doug Works, a First Vice President at CBRE, specializes in representing and advising action sports related companies on the tenant and buyer sides on all product types (retail, industrial, office, and land) around the world. Here’s his take on ten things every retailer should know before renewing or entering into a new lease.