The Bottom Line: Office Space Guide
Birmingham Business Journal -
October, 1, 2010
This week's question:
How do you feel the recession has impacted the relationship between tenants and brokers in the leasing process? Do you think it will have a long-term impact on their interaction?
“The recession has caused many tenants to look for ways to reduce operating costs and become more efficient during the down market. As the economy slowly improves, the current market conditions are favorable for credit tenants.
Knowledgeable brokers have been able to help tenants take advantage of the soft real estate market and, in some cases, renegotiate more favorable lease terms.”
Bill Pradat
President
EGS Commercial Real Estate Inc.
Read the full story on the Birmingham Business Journal' s website.
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