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How to Decide Between Longer and Shorter Leases

Whether you're a landlord or a tenant, it's critical to know your business objectives and where you want to be down the road in order to get the right deal terms, the Saywitz Co.'s Barry Saywitz tells GlobeSt.com.

By Carrie Rossenfeld | Updated on January 22, 2018

Saywitz: “In this market, it’s hard to have your cake and eat it too if you’re a tenant. It’s tough to find a short-term lease and low rent.”

IRVINE, CA—Whether you’re a landlord or a tenant, it’s critical to know your business objectives and where you want to be down the road in order to get the right deal terms in a lease, the Saywitz Co.‘s president Barry Saywitz tells GlobeSt.com. He also says there are pros and cons to both longer and shorter leases. We spoke with him about those pros and cons and how each type of lease term is affected by the delivery of new inventory.

GlobeSt.com: What are the advantages and disadvantages of longer leases for landlords and tenants at this point in the real estate cycle?

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