The negotiation of rent and tenant incentives depends on the dynamics of your local market. In certain markets, the development cycle has created higher vacancy, which favours tenants. In other markets, low vacancy gives landlords the upper hand in negotiations. Contact your Colliers International professional to learn more about market trends in your location.
You can also check out our latest retail market reports in the Research section.
Tenant Improvement Costs
Your entry and exit strategy to a lease can greatly affect the real cost of your commitment. Store design and tenant improvement costs should be viewed as an organizational opportunity.