In the post COVID-19 world, tenants are looking for flexibility when it comes to committing to office space, forcing landlords to find creative ways to work with businesses on their leases or lease renewals.

We're seeing a shift to shorter, more flexible lease terms in order to attract tenants hesitant to commit to a standard 5-10 year lease. Landlords are also increasing flexibility for growing companies through phased occupancy and reacting more favorably to expansion, contraction and termination options.

Overall, our advice to anyone negotiating a new lease or renewal in the shadow of the pandemic is to be more aggressive on maximizing the flexibility within your lease.

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And if you have any questions about negotiating flexibility into your lease, reach out to a Rokos broker today. We are here for you and happy to help.