Industrial Lease Renewal Negotiation

A renewal is a negotiation, not a formality.

Landlords know the cost of moving is your biggest weakness at renewal. We take it away by starting early and building a real alternative, so the renewal is negotiated on terms and not on inertia.

What we do

Led by Justin Smith, SIOR, with Grant LaBounty and Chris Vassilian at Lee & Associates in Irvine.

Start 18 to 24 months out

Time to survey the market, tour real alternatives and let the landlord see them.

Fix the building, not just the rent

Tenant improvements, HVAC, roof and deferred maintenance belong on the table at renewal.

Blend-and-extend and early renewals

When the market favors it, reset the rent before expiration.

Know when to leave

Sometimes the right renewal is a relocation. We model both honestly.

Client results

Named clients, in their own words.

Tenant representation · Multi-state

Berger Transfer & Storage

California, Arizona and Texas60,000 SF renewal, 60,000 SF consolidation, 24,422 SF renewal

Allied's largest agent, in business since 1910, on assignments across three states.

“We chose Justin Smith because he provided valuable market information several years in advance of our lease expiration, demonstrated a genuine and professional interest in our needs, and promptly responded to our request with useful information and sound advice.”Brad Vetter, Vice President, Berger Transfer & Storage
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Tenant representation · Lease restructure

Collins Distributing

Cerritos, CAWest coast distribution center

A Memphis-based distributor with unresolved maintenance problems at its California distribution center.

“He was successful in negotiating various improvements to our space at no cost to us. ... We would certainly use Mr. Smith again for similar negotiations.”Bruce Collins, President, Collins Distributing
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Tenant representation · Lease expiration

Textron Specialized Vehicles

R&D operation

An R&D operation that needed its real estate to flex with changing products and manufacturing locations.

“He was able to help with relocation expense budgets, the nuances of subleasing, tactical negotiations with our existing landlord, and in addition, he had a myriad of vendors at the ready for any potential build out options.”Glen Roeters, Director of Operations, Textron
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Tenant representation · R&D facility

Mosaic Laboratories

Tripled lab space

A pre-clinical and clinical trial services company that outgrew a small multi-tenant business park.

“Justin Smith has done an excellent job identifying properties, advising us as his client, representing us in lease negotiation process and providing service after the close of the deal.”Christopher A. Kerfoot, President & CEO, Mosaic Laboratories
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Common questions

How early should we start before our lease expires?

For most industrial tenants, 18 to 24 months before expiration. That window leaves time to test the market, give the landlord a real alternative, and move if moving is the better answer. Larger or specialized buildings (power, cold storage, heavy manufacturing) can need longer.

How are you paid? Does a tenant pay you?

On most industrial leases the brokerage fee is paid by the landlord under its listing agreement, so tenants usually do not pay us directly. On purchases and sales the fee is set out in a written agreement before work begins. We confirm how we are paid, in writing, at the start of every engagement.

You represent both tenants and landlords. How do you handle conflicts?

In each engagement we represent one side. If a client becomes interested in a building we also represent, we disclose it in writing before anything moves forward, as California law requires, and the client decides how to proceed. Working both sides is also why our advice is specific: we know what landlords accept because we negotiate for them too.

How do we get started?

Call (949) 400-4786 or use the contact page. The first conversation is free and confidential. We will tell you plainly whether we are the right fit.

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Tell us what you are solving for.

The first conversation is free and confidential. We will tell you plainly whether we are the right fit.

Schedule a consultation →

(949) 400-4786