In this week's episode Mike Ball and Marc Hausmann, SIOR, CCIM discuss the rightsizing of office space in the Central Business District. They discuss what tenants are requesting for renewal terms and what landlords need to do to keep their current tenants. Marc and Mike also talk about what they are seeing for Tenant Improvement packages and what they consider to be attractive amenities.
Episode Notes:
Intro (0:00)
Keeping current tenants with renewal terms (4:59)
What are tenants requesting for renewal terms (7:31)
What is the current environment for Shadow Space (9:30)
How is the Tenant Improvement Allowance for renewals changing (11:01)
What are attractive amenities (12:50)
What kind of retail will residential condos attract (15:36)
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