Considerations When Leasing To A National Tenant

With the prospects for the economy gradually improving, we are seeing more and more large companies beginning to utilize the stock piles of cash they have accumulated over the past three years. One way in which this economic growth has begun impacting the commercial real estate sector is in the form of an increase in leasing activity among national retailers looking to expand in new markets or re-establish themselves in markets they previously occupied.

Having a national tenant lease space can be extremely beneficial to a landlord, as the national tenant's name alone will often draw customers who might not have otherwise ventured to your complex. Among other potential benefits, this increase in foot traffic will be a boon to the businesses of other tenants, thereby making their spaces more valuable and allowing the landlord to charge higher rents. These financial benefits alone, in addition to the possible greater income stability from the national tenant itself,