Market reports / Report

A Tenant’s Guide to Lease Renewals in 2027

Twelve questions to answer before you open renewal talks, and the notice dates that cost tenants leverage.

7 min read

A Tenant’s Guide to Lease Renewals in 2027

18 months

Ideal lead time before expiry

The best renewal outcomes begin eighteen months before expiry. That is long enough to run a real market survey, to price relocation, and to make your landlord compete with an alternative rather than with your calendar.

Start with the lease itself: notice windows, renewal options, restoration obligations and holdover rent. Missing a notice date by a day can turn a negotiation into a request.

Then define what you actually need. Headcount, hybrid attendance and growth plans change the answer from the space you had to the space you should have.

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Cornerstone

Office, retail, industrial and flex leasing and sales across Brookmere and the surrounding counties. Tenant and landlord representation.

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