Rent Relief
Tenants of all sizes are seeking rent relief in record numbers. Requests picked up in early 2011 with rent adjustments in the range of 15% to 25% on average.
Depending on the sub-market and the trend is expected to continue as the commercial real estate market struggles with the current economy.
There are instances in which a tenant may have a number of options available that allow for greater flexibility. The Stone Group is able to identify those instances, and can work with you and your landlord to ensure a “win/win” result.
Negotions can offer many possible options for a tenant in the form of rent reduction, deferral or abatement.