Shaving costs during this troubled economy, is absolutely possible and may even be a matter of life and death for some property tenants.
As shopping centers reach unprecedented vacancy levels, now more than ever tenants need to assert their co-tenancy rights. Reviewing the precise language in your lease is well worth the time and may result in finding solutions to cut costs.
Eximius BPO offers services that track store closings at shopping centers for purposes of co-tenancy claims. In some cases, tenants are seeking reduced rents or even terminating leases when co-tenancy conditions are not satisfied. It is important to gather your facts and review your lease to identify the specific language related to your co-tenancy rights.
Eximius BPO can often help a tenant to learn a lot by doing some research; searching the internet or doing a vacancy review of the shopping center to acquire a better insight on preparing for negotiating better terms.
It is time to take a fresh look at how retail tenants can identify—and implement—strategies to cut costs. Review how Eximius BPO can assist you in gaining up to date information that will help you make sound decisions in the months ahead. Contact us for more details.