Lease Renegotiations Are Critical – We Can Help
In these unprecedented economic times many businesses may want or need to renegotiate their leases. In times such as these, lease renegotiation can be reasonable for both the tenant and the landlord. It can help the tenant remain in business. And it can help the landlord avoid having to find a new tenant in a very soft market. There are many possible approaches to reworking a lease to help a business remain viable through difficult times, such as rent deferral (with or without adjusting the lease term), discounted rent payment periods, loosening subletting requirements, freezing CAM increases, and so on.
If you are a tenant and have a need to renegotiate your lease, or if you are a landlord and a tenant has approached you about renegotiating a lease, we are ready to help and provide support and answers quickly and effectively.
We are also familiar with the various emergency city ordinances and other laws which have been passed as a result of the Covid-19 pandemic affecting landlords and tenants, and can help you interpret and respond appropriately to them.
Please feel free to call me on my cell phone at (510) 708-1122.