Space Reduction and Relocation Within the Same Building

Client’s current lease was to expire in a year and a half. They wanted to renew but they wished to reduce their space and rent. Redac helped the client renew for two additional years on a different floor, in the same building for the new lease term of three and a half years. This helped the client reduce their total space by 25%, and reduce their rent by 60%, all without any lease penalties.