Corporate real estate managers have traditionally used computer databases to track lease data. While this approach does eliminate missed option deadlines and lease expiration dates, it does not answer the fundamental questions of whether your lease extension option should be exercised or new terms negotiated instead.

Since we first began researching leases, we have found that most option terms provide for the payment of rent at levels significantly higher than what is supported by the marketplace. Our program is designed to select only those cases where significant market rent variations or landlord issues are present and to concentrate on reducing occupancy costs in those cases. This allows us to re-negotiate your option rent to bring it back into line with the fair market rent in your area while addressing other lease provisions such as additional signage, Common Area costs, and use and occupancy provisions.