Fewer Transactions... Nervous Landlords

Commercial Real Estate Brokers are quite aware of how few transactions are occurring in the current marketplace. We feel it in our own pocketbooks. As much as it hurts brokers financially, it may be that we are coming into an extraordinary situation. What is happening in the commercial leasing market right now is setting up some incredible opportunities for tenants. There are very nervous landlords in any direction you throw a stone in San Francisco and the entire Bay Area. Nervous landlords means an edge up in negotiations for tenants. This means better rental rates, more concessions like free rent or tenant improvements, and lots of other perks for tenants.

While it seems counter-intuitive to expand or to step out and take a risk to secure space in this economy, it might be a recipe for success for a business with a solid strategy and a growing market share. Check out this article from SF Business times for more about office space.

www.officespaceSF.com