Decisions, Decisons: Do You Move or Renew an Existing Lease?

Decisions, Decisons: Do You Move or Renew an Existing Lease?


January 2006

Your company has occupied the same office space for 10 years. The space is comfortable and spacious. The building offers free covered parking and a shady park setting. The office park contains several restaurants and adjoins a nature area. Employees have chosen homes near the site, which has easy access to two major highways. Why would you ever want to move? It's easy to get lazy and complacent. Landlords count on tenants' inertia when office leases expire. The only way to combat this complacency is through a disciplined approach to lease review and renewal.

Keywords: lease, renew, review, cost, Coca-Cola Enterprises, office space, strategic planning

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