Is the premises lease for your business expiring soon?  If so, you may be in the CatBird seat.  Consider yourself fortunate that you are in position to renew or extend your lease terms in a ‘down’ leasing market.  This means you may be able to accomplish one or more of the following things: Reduce your base lease rate Reduce your NNN/CAM charges Reduce or eliminate the Personal Guaranty liability Reduce or modify your security deposit Adjust premises maintenance responsibilities Improve Signage … Read entire article »