With the market moving quickly, discussions with landlords can sometimes feel as though one is negotiating on shifting sands. Knowing how to properly plan for both the expected and unexpected over the life of the lease can result in substantial savings. Flexibility is key, and this webinar is designed to dive into the ways you can position your firm to address changes and opportunities.
Learning Objectives:
- Market: Discuss the market effect on negotiations.
- Options: Discuss renewal, relocation and new construction.
- Growth: Examine expansion options, rights of first offer, and rights of first refusal.
- Early Exit: Examine sublease/assignment clauses, contraction options, termination options, relocation.
- New Construction: Discuss strategies related to anchoring a new building, timing, pros and cons.
Speaker: Mike Kennedy, SIOR, is CEO & President of Commercial Texas. Among his many accomplishments, he negotiated the Austin anchor leases of Clark, Thomas and Winters, Akin Gump and Austin Ventures, which led to construction of 300 W. Sixth Street, the first Central Business District high-rise building in the city in 15 years.
Speaker: Burke Kennedy, J.D., Vice President of Commercial Texas, was off to a running start in commercial real estate when he me the decision to step away and attend law school so he could better help his clients review leases and negotiate with landlords. He has completed 64 office lease transactions totaling more than 500,000 square feet of space, with a combined transaction value of more than $66.7 million.
Speaker: Chrissy Cornelius, CCIM, Associate Vice President of Commercial Texas, has successfully completed over 50 transactions totaling more than $68 million in transaction value.
She has been recognized by the Austin Business Journal as a Heavy Hitter in the Office Tenant Lease Representation category.
This program is eligible for CLM Recertification credit. For additional information, including categorization, contact: certification@alanet.org
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