Tenant Tactics Blog

With so many landord/tenant or leasing issues occuring so rapidly, we will be limiting our monthly Blog posts but please click on our new "Solutions of the Day" section for short and quick answers to every day problems facing tenants

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WHERE ARE YOU GOING IN 2017?

In Orange County, CA, as in many markets, the leasing value of both industrial and office space took a sudden spike in July, 2015. One can argue as to what caused this turn but the bottom line is many tenants who signed their last lease between the start of 2008 recession and as late as 2014 were in for a big shock when they renewed their leases. Clients who started their last lease at a rate in the neighborhood of $1.65-$1.85/SF found it increasing north of $2.00/SF and were confronted with new starting rates close to $3.00/SF. What caused this huge increase in rents and what can you do if you are facing such a stiff hike going forward? We know that real estate is a market driven sector. Re

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66 Tidewind Suite 200 Irvine, CA 92603
Phone                      

jerryn@inhousecorp.com

CA DRE #01026305

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