Lease negotiations

Negotiate with Confidence:
Leverage Market Rent Studies for Successful Lease Agreements

Lease negotiations can be a complex dance, requiring a clear understanding of market value to secure the best possible terms.
At Cogito, our market rent studies go beyond simply providing a rental rate. We equip you with comprehensive,
data-driven insights that empower you to negotiate with confidence and achieve a favorable lease agreement.

Understanding Market Rent Studies

A professionally developed market rent study is a data-driven report that provides an objective opinion of fair market rent for a specific property. This analysis incorporates a variety of factors, including:

Comparable Properties: A thorough evaluation of similar properties in the area, considering factors like size, amenities, location, and condition.
Market Trends: Analysis of current rental market trends, including vacancy rates, rental rate fluctuations, and overall market demand.
Property-Specific Factors: Evaluation of unique features and amenities of your property that may influence its rental value.

The Power of Market Rent Studies in Lease Negotiations

By incorporating a market rent study into your lease negotiation strategy, you gain significant advantages:

Informed Negotiations: Knowing the fair market rent for your property gives you a strong foundation for initiating and conducting negotiations.
Supporting Arguments: Data-driven insights from the market rent study provide compelling evidence to justify your desired rental rate.
Transparency and Credibility: A professional market rent study demonstrates a commitment to transparency and fairness during negotiations.
Identifying Concessions: Market rent studies can help identify areas where concessions, such as free parking or signing bonuses, might be appropriate.

Cogito: Your Partner in Market Rent Study-Driven Negotiations

At Cogito, we understand the importance of market rent studies in achieving successful lease negotiations.
We offer:

Detailed and Customized Reports: Our market rent studies are tailored to your specific property, considering all relevant factors and local market dynamics.
Credible and Defensible Data: We utilize reliable data sources and adhere to industry best practices to ensure the credibility of our reports.
Expert Guidance and Support: Our team of market research specialists are available to answer your questions and guide you through the negotiation process.

The Cogito Advantage in Lease Negotiations

Partnering with Cogito for your market rent study empowers you with the knowledge and tools to negotiate effectively:

Maximize Rental Income: Our market rent studies ensure you’re not leaving money on the table by under-valuing your property.
Minimize Vacancy Rates: By setting a competitive rental rate based on market data, you attract qualified tenants and minimize vacancy periods.
Streamline Lease Negotiations: A comprehensive market rent study facilitates smoother and more efficient lease negotiations.
Contact Cogito Today (213) 519-7533

Don’t go into lease negotiations unprepared. Let our market rent studies equip you with the
data-driven insights you need to secure the best possible lease agreement.