Weigh a move to a candidate building against renewing where you are

For Corporate real estate teams · also Brokers, Real estate counsel

What is the fair market rent for [size] SF of [use] space at [candidate address]? We pay [current rent] for the same space at [address] today. Then run due diligence on [candidate address]: title, permits, liens and encumbrances — what is wrong with it, before we weigh that rent against renewing?

You give

The address (current location); the candidate address; the size and the use; the current rent

You get

Fair market rent, $/SF/year and per month, with the leases behind it, in the assistant

Then

DD — ask for it in the same conversation once step 1 is done