847-330-1600 tguido@prismre.com

If I intend to simply renew my lease, why do I need representation?

Renewals are typically the most profitable transactions for a landlord. Original tenant improvement costs have been recuperated over the initial lease term. However, landlords are reluctant to reduce rental rates going forward. You do not want to be taken advantage of in the negotiations because the landlord thinks you are a sitting duck. Prism will introduce competition into the negotiations in order to make sure you obtain all current market concessions on your next lease.

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