Plan for Business Growth with Expansion Options
Many office tenants don't know what the future holds for their businesses, especially in this economy. But having the option to expand within their current buildings if they need to can be very valuable. An option to expand could save you time and money by helping you avoid a move to a larger office at a different location. Owners know that giving expansion options helps them retain tenants, but could inconvenience them down the road, so be prepared for your owner to carefully negotiate these rights with you.