Hole in One for Office Tenants
March 18, 2012
By: Laura Kusisto
With the office leasing market increasingly favoring tenants over owners in recent months, some landlords are once again boosting the amount of money they're offering to build out interior space. ...
... Aside from financial incentives, landlords also are increasingly willing to do small things that cost little, but can push a deal over the finish line.
At Silverstein Properties' 529 Fifth Ave., a silver sign for the International Federation of Accountants features prominently beside the building's entrance. Such a sign would normally be reserved for the likes of a 100,000-square-foot or larger tenant, but the federation occupies just 25,000 square feet, according to Daniel Horowitz, of Studley, who represented the tenant. ...
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