Astute Commercial Tenant Representation

Lease Negotiations

Lease Negotiations

Navigating commercial lease renewals is a complex process and tenants are often in a precarious position when negotiating against experienced real estate agents and landlords. Astute Commercial gives you the advantage with market knowledge to place you in the best position for your desired outcome.

Astute Commercial are lease negotiators who work exclusively for tenants, creating the leverage you need to extract savings and secure flexibility. We assess the market, so you are aware of all options available to you including relocating viability. This creates a competitive advantage for you when negotiating.

  • Incentives – Landlord do not want vacant properties and so at Astute Commercial we utilize our skills and industry experience to show the value in a landlord investing in keeping a tenant without the minimum of downtime and loss of rent.
  • Asking rent – Your landlord uses the rent you’re currently paying as a benchmark for future levels. At Astute Commercial we analyse the market and provide true market value.  A comprehensive assessment of market conditions and incentives places you as a tenant equipped with knowledge to negotiate the fairest rent for you possible.
  • New lease documents – Do you want to start your renewed lease term using your old lease as a base? We find that many leases are based on older documentation and do not have the flexibility and favourable terms for you.  Leases are often prepared by the landlord’s representative but with Astute Commercial, we review and update terms to provide a fairer outcome for the tenant.
  • Flexible lease terms – Post-COVID, feelings of uncertainty are commonplace. And that couldn’t be truer than when it comes to workspace planning. Flexible leases allow businesses to upsize or downsize, review rent, sublease extra space or break lease if market conditions change. Let Astute Commercial assist put you in a better position.
  • Make goods – A ‘make good’ is a clause in most commercial leases that requires the outgoing tenantto return a property to its original condition in readiness for the next tenant. But it doesn’t always have to be at your expense. Negotiating end of lease costs correctly will benefit your P&L’s in the short and long term.

Commercial lease negotiations require focus and experience. And even small mistakes can drive up costs. So, you must do your due diligence before you sign on the dotted line. In any case, engaging a tenant representative will level the playing field and save you time and money. 
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Get in touch with a commercial lease negotiator from Astute Commercial today to see how we can help you!

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