I found a retail space that I want to lease. Should I get a tenant side broker to help negotiate in addition to my lawyer? Or is it better to negotiate myself? I’ve leased one space before so I have some knowledge on what to look out for, but I’m definitely inexperienced!
You don’t need a broker. The lease will most likely be a standard template that’s used for the other tenants as well. Have your attorney look it over and that should be fine.
One suggestion is to request they add a clause that includes loss of business due to Covid or other pandemic related closures or mandates.
What type of retail space is it (clothing, food, beauty…)?