In this article, you’ll explore:

• Why WeWork is renegotiating all its leases and how this could impact tenants.
• Financial pressure on modern tenants and the value of renegotiating old leases.
• Effective lease negotiation tactics, including leveraging long lease terms.

Commercial landlords are about to be slammed by a wave of lease renegotiations, and it’s starting with WeWork.
Under new financial pressure and potential bankruptcy, the co-working pioneer is reexamining one of its top costs, real estate. Because on top of closing offices in under-performing locations, they found that there’s still savings to be unlocked in their existing leases. And whether or not their landlords take the bait in wide-scale renegotiations will affect the leverage that corporate tenants have everywhere.