"Today, smaller tenants are in a position to negotiate better lease rates at a shorter term," says Greg Azayev, executive managing director and principal broker at Stelth Commercial Group. (Photo: fizkes/Shutterstock)
When Alina Clark was ready to approach her office landlord with a conversation about renegotiating the rent, she knew that mentioning the economic havoc wrought by the pandemic wouldn't work. So the co-founder of CocoDoc, a software development company based in the Los Angeles area, tackled the problem in a different way.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
