<\/title> \n<\/head> \n<body> \nTHE ART OF RENEWING YOUR OFFICE LEASE<\/p>\nIf a firm or business rents space, rent is usually the second \nlargest cost item after payroll. Today and throughout 2017, \ncommercial office tenants in the Washington, D.C. Metropolitan \narea nearing the end of their lease term have a unique opportunity \nto dramatically reduce what they are paying their landlord. \nCostar, the leading commercial real estate database, reported DC \nMetro wide end of second quarter 2016 vacancy at nearly 15% with \nvacancy in many submarkets exceeding 20%. More than at any time in \nthe last 10 to 15 years, Landlords are competing aggressively both \nto attract new tenants and to retain the tenants they have. We \nexpect this trend to continue through next year.<\/font> \n<\/body> \n<\/html><\/p>\n","protected":false},"excerpt":{"rendered":"THE ART OF RENEWING YOUR OFFICE LEASE If a firm or business rents space, rent is usually the second largest cost item after payroll. Today and throughout 2017, commercial office tenants in the Washington, D.C. Metropolitan area nearing the end of their lease term have a unique opportunity to dramatically reduce what they are paying […]<\/p>\n","protected":false},"author":1,"featured_media":445,"comment_status":"open","ping_status":"closed","template":"","tags":[],"blog-category":[15,13],"class_list":["post-483","blog_post","type-blog_post","status-publish","has-post-thumbnail","hentry","blog-category-any-info-on-getting-the-best-deal-on-your-lease","blog-category-these-blogs-will-show-up-on-the-news-page","entry"],"_links":{"self":[{"href":"https:\/\/elkins-lane.com\/wphome\/wp-json\/wp\/v2\/blog_post\/483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elkins-lane.com\/wphome\/wp-json\/wp\/v2\/blog_post"}],"about":[{"href":"https:\/\/elkins-lane.com\/wphome\/wp-json\/wp\/v2\/types\/blog_post"}],"author":[{"embeddable":true,"href":"https:\/\/elkins-lane.com\/wphome\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/elkins-lane.com\/wphome\/wp-json\/wp\/v2\/comments?post=483"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elkins-lane.com\/wphome\/wp-json\/wp\/v2\/media\/445"}],"wp:attachment":[{"href":"https:\/\/elkins-lane.com\/wphome\/wp-json\/wp\/v2\/media?parent=483"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elkins-lane.com\/wphome\/wp-json\/wp\/v2\/tags?post=483"},{"taxonomy":"blog-category","embeddable":true,"href":"https:\/\/elkins-lane.com\/wphome\/wp-json\/wp\/v2\/blog-category?post=483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

{"id":483,"date":"2016-10-13T03:47:35","date_gmt":"2016-10-13T03:47:35","guid":{"rendered":"https:\/\/elkins-lane.com\/wphome\/?post_type=blog_post&p=483"},"modified":"2016-10-14T18:10:27","modified_gmt":"2016-10-14T18:10:27","slug":"the-art-of-renewing-your-office-lease","status":"publish","type":"blog_post","link":"https:\/\/elkins-lane.com\/wphome\/blog-post\/the-art-of-renewing-your-office-lease\/","title":{"rendered":"THE ART OF RENEWING YOUR OFFICE LEASE"},"content":{"rendered":"

\n<\/p>\n

\n<\/title> \n<\/head> \n<body> \nTHE ART OF RENEWING YOUR OFFICE LEASE<\/p>\nIf a firm or business rents space, rent is usually the second \nlargest cost item after payroll. Today and throughout 2017, \ncommercial office tenants in the Washington, D.C. Metropolitan \narea nearing the end of their lease term have a unique opportunity \nto dramatically reduce what they are paying their landlord. \nCostar, the leading commercial real estate database, reported DC \nMetro wide end of second quarter 2016 vacancy at nearly 15% with \nvacancy in many submarkets exceeding 20%. More than at any time in \nthe last 10 to 15 years, Landlords are competing aggressively both \nto attract new tenants and to retain the tenants they have. We \nexpect this trend to continue through next year.<\/font> \n<\/body> \n<\/html><\/p>\n","protected":false},"excerpt":{"rendered":"THE ART OF RENEWING YOUR OFFICE LEASE If a firm or business rents space, rent is usually the second largest cost item after payroll. Today and throughout 2017, commercial office tenants in the Washington, D.C. Metropolitan area nearing the end of their lease term have a unique opportunity to dramatically reduce what they are paying […]<\/p>\n","protected":false},"author":1,"featured_media":445,"comment_status":"open","ping_status":"closed","template":"","tags":[],"blog-category":[15,13],"class_list":["post-483","blog_post","type-blog_post","status-publish","has-post-thumbnail","hentry","blog-category-any-info-on-getting-the-best-deal-on-your-lease","blog-category-these-blogs-will-show-up-on-the-news-page","entry"],"_links":{"self":[{"href":"https:\/\/elkins-lane.com\/wphome\/wp-json\/wp\/v2\/blog_post\/483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elkins-lane.com\/wphome\/wp-json\/wp\/v2\/blog_post"}],"about":[{"href":"https:\/\/elkins-lane.com\/wphome\/wp-json\/wp\/v2\/types\/blog_post"}],"author":[{"embeddable":true,"href":"https:\/\/elkins-lane.com\/wphome\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/elkins-lane.com\/wphome\/wp-json\/wp\/v2\/comments?post=483"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elkins-lane.com\/wphome\/wp-json\/wp\/v2\/media\/445"}],"wp:attachment":[{"href":"https:\/\/elkins-lane.com\/wphome\/wp-json\/wp\/v2\/media?parent=483"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elkins-lane.com\/wphome\/wp-json\/wp\/v2\/tags?post=483"},{"taxonomy":"blog-category","embeddable":true,"href":"https:\/\/elkins-lane.com\/wphome\/wp-json\/wp\/v2\/blog-category?post=483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}