Month to Month vs Term Lease

Posted in Specials

When a potential client inquires about lease terms we offer two choices month to month or term.

Our month to month is a new option and is proving to be a good choice. With month to month the client does not feel intimidated up front with a long term commitment. This is especially helpful to a new company or someone trying to expand their business slowly. One drawback on a month to month is the rates are higher and you may not feel like you are completely at home. With a term lease there is more room for rate negotiation and tenant improvements. What is our preferred method? It would have to be term. With a term lease it gives us more options within the lease to work with. We are able to offer a more discounted rate and offer disounts and incentives on tenant improvements. The main objective when deciding the length of your lease is how will my business benefit and what is the best fit for me and my clients. The type of client you have may determine your decision also. Do you want the risk of losing that large client because you may have to move in two months? The answer to that is no I don’t want to lose them maybe I should sign a term lease even if it is for a year. Our main objective in determining lese options is what is best for you and your clients, how we can work together as a team and what is the best cost effective for both parties.