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from Twitter https://twitter.com/AustinTenantAdv via Blogger InclusionINC thanks for following me on Twitter! https://t.co/ZFVrJ9Rq9P The following post is copyrighted by Austin Tenant Advisors - . When negotiating commercial real estate leases many business owners or companies focus on shorter term leases as they have the idea that it will give them more flexibility and reduce their costs & risk. While this may be true in some cases there are also a lot of businesses that would benefit more by signing a longer term lease. There really is not right or wrong answer as it just depends on how long your company has been in business, how financially stable it is, how many employees you have now and in the future, and what your business needs will be within the next few years. What is a long term commercial real estate lease?First of all let’s be clear what I mean by a long and short term commercial lease as everyone has their own definition. Long term leases are typically 3-5 years or longer. Short term leases are typically 3 years or less. A new business or startup may think that a 2 year lease is a long time, however to commercial property owners and/or their agents 2 years would be considered short term. What are the benefits of signing a long term commercial lease?
These advantages were not meant to mean that every company should sign a long term lease. However it’s important to really understand where your business is now, and where it is headed. If you are a startup or just not that confident in the success of your business then you will have to work harder to find commercial spaces that are open to doing 1-2 year leases. At the end of the day it’s important that you do what is best for the business and if that means doing a short term lease then so be it. However if your business is stable and you are confident in the future growth then you can receive some great benefits of committing to longer leases. The post What are the Advantages of Signing a Longer Commercial Lease? appeared first on Austin Tenant Advisors. via Blogger What are the Advantages of Signing a Longer Commercial Lease?
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from Twitter https://twitter.com/AustinTenantAdv via Blogger What are the Advantages of Signing a Longer Commercial Lease? https://t.co/cNPzZwG1lq https://t.co/qPTrq9gV0o The following post is copyrighted by Austin Tenant Advisors - . When negotiating commercial real estate leases many business owners or companies focus on shorter term leases as they have the idea that it will give them more flexibility and reduce their costs & risk. While this may be true in some cases there are also a lot of businesses that would benefit more by signing a longer term lease. There really is not right or wrong answer as it just depends on how long your company has been in business, how financially stable it is, how many employees you have now and in the future, and what your business needs will be within the next few years. What is a long term commercial real estate lease?First of all let’s be clear what I mean by a long and short term commercial lease as everyone has their own definition. Long term leases are typically 3-5 years or longer. Short term leases are typically 3 years or less. A new business or startup may think that a 2 year lease is a long time, however to commercial property owners and/or their agents 2 years would be considered short term. What are the benefits of signing a long term commercial lease?
These advantages were not meant to mean that every company should sign a long term lease. However it’s important to really understand where your business is now, and where it is headed. If you are a startup or just not that confident in the success of your business then you will have to work harder to find commercial spaces that are open to doing 1-2 year leases. At the end of the day it’s important that you do what is best for the business and if that means doing a short term lease then so be it. However if your business is stable and you are confident in the future growth then you can receive some great benefits of committing to longer leases. The post What are the Advantages of Signing a Longer Commercial Lease? appeared first on Austin Tenant Advisors. via Tumblr What are the Advantages of Signing a Longer Commercial Lease? |
AuthorThe experienced commercial realtors at Austin Tenant Advisors specialize in representing the best interests of buyers and tenants in the Search, Selection, Negotiation, and Occupancy of Office, Retail, Industrial & Warehouse Space for lease, rent, or sale in and around Travis, Williamson, Hays, Bastrop, & Burnet Counties, which are the 5 largest counties in Central Texas. We serve the surrounding cities such as Pflugerville, Round Rock, Georgetown, Leander, Cedar Park, Lakeway, Bee Cave, Sunset Valley, Dripping Springs, Buda, Kyle, San Marcos, Burnet, Marble Falls, and more. Archives
November 2020
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