Is more space available in the building either currently or in the future?
If the firm needs an additional 50,000 square feet but only 10,000 are currently available, it may need to look for additional space in another location or relocate altogether. But if a tenant with a large block of space is leaving in the near future or may not have a fixed renewal option, it may make sense for the firm to approach the landlord to talk about taking over that space. Understanding the expiration dates and options of each tenant in the building is a critical component of a thorough understanding of the building.

•

Is swing space in the building available?
Frequently, during an office renovation, tenants are temporarily moved around the building to make it easier for construction to be done. While this may be mildly disruptive in the short term, it allows for a smoother construction process.

•

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]