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Updated about 9 years ago on . Most recent reply

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64
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9
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Dan Cho
  • Latham, Ny
9
Votes |
64
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How to negotiate lease with large corporation?

Dan Cho
  • Latham, Ny
Posted

So recently bought a building with 2 tenants inside with leases ending toward December. One is just a mom and pop store so I know I can just walk over to them and talk with the owner. However the other is a large rental car agency, who would I talk to and negogiagte lease rates with exactly? The store manager? Parent company? 

Most Popular Reply

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254
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273
Votes
Daniel Chang
  • Professional
  • Riverside, CA
273
Votes |
254
Posts
Daniel Chang
  • Professional
  • Riverside, CA
Replied

Yes, if you've never done this before, best to have a experienced broker negotiate and renew the leases on your behalf.  You have to pay for their services, but it's better to get it done right.  

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