Tenant/Business Relocation and Alternative Strategies

You’re starting to look for new space for yourself or a tenant. Is this the time to consider relocating, sometime during the new lease term? You bet, or so says Allen Buchanan. It’s part of your initial lease strategy to anticipate changes, including business growth or contraction. Are there lease provisions that can help ease the pain, should the need arise?

But what happens when a tenant encounters unanticipated issues and needs or wants to make a move before the lease ends? What does the tenant do if it can’t move? How do you create 25,000 square feet of space out of a 20,000 square foot footprint? Hint, it’s not just about building a mezzanine or building out.

Allen doesn’t just move dirt or tenants, he helps them figure out the best solutions.

Listen in as Allen Buchanan, Simon Walker and I discuss the options and issues and how best to handle them from both the tenant and broker side.