Wednesday, March 14, 2012

Landlords, tenants find balance

REGION

Landlords and tenants continue to tango toward a shared goal of getting signatures on the dotted line. They're offering and asking for incentives that will seal the deal, commercial Realtors said.

In 2009, the market was strongly tenant driven, said Drew Bobincheck, who does commercial and multifamily investment with Landmark Commercial Realty Inc./Oncor International in East Pennsboro Township.

"Prospective tenants still have the upper hand," he said. "However, it is quickly becoming more even."

Incentives such as free rent for a month or two, tenant-requested improvements to the building, or office reconfigurations and decor are just some of the …

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