Renewing your lease may be easier than moving to a new location, but that doesn't mean there are no potential pitfalls to the process. To ensure that the renewal process goes as smoothly as possible and that you get the best deal, avoid these common mistakes:

If you're nearing the end of your commercial lease, it's time to decide whether to stay where you are or search for someplace new. There are upsides and downsides to both scenarios. Read on to explore the pros and cons of each.

The time for lease renewal presents three great opportunities for a corporate tenant: to evaluate his present day position as a tenant; re-examine the current commercial real estate market; use that information to negotiate a better lease agreement. Those who position themselves as well-informed tenants with better understanding of their leasing options usually secure much better deals than their uninformed counterparts. Here are some helpful tips that can help a corporate tenant negotiate a better commercial lease renewal: