This year may be the best time ever to rent space to start your own business: The nation's 102,000 shopping centers are dotted with vacancies that landlords are desperate to fill. "I've never seen better deals," says Paul G.W. Fetscher, president of Great American Brokerage in Long Beach, N.Y. "Everything is negotiable."
But knowing what to negotiate is surprisingly complicated.
Discount chain 99 Cents Only Stores Inc. has agreed to rent 622,216 square feet of commercial space in Commerce in one of the largest industrial leases ever in that market, real estate brokers said. The deal represents a relocation ... Read Post
Operating in the Lower East Side, miLES is trying ignite the community by filling empty commercial space with interesting businesses and organizations on short-term leases while the landlords wait for the right long-term tenants. De... Read Post
We're approaching historically unprecedented bargain levels for people renting apartments, which is bad news for landlords but great news for people looking to sign a new lease. The vacancy rate for apartments hit a three-year high ... Read Post