All standard boilerplate leases for office space, industrial space, and retail space are heavily in favor of the landlord. By nature this document is designed to limit exposure and liability from the Landlord as much as possible.
While most tenants pay attention to a few areas (i.e. term, rental rate), the danger lies in all of that “standard” language that is too often overlooked! A “standard” lease agreement that is 5 pages can be just as aggressive as a 100 page lease document. Often more so! Don’t get me wrong, a lease is not something to be feared, but understood.
This is exactly why we walk tenants methodically through each section of a lease, identify and rank what needs to be addressed, then incorporate these business points into our negotiation strategy. This process ensures that all leverage is directed at shaping the lease document to the tenant.