# Lease Renewal Strategy

> Lease renewal strategy starts 18–24 months before expiry: market the requirement to two real alternatives, run a relocate-vs-renew model, and negotiate as if you were a new tenant — landlords concede most when they believe you will leave.

**Canonical URL:** https://classa.info/topics/lease-renewal-strategy
**Page type:** topic-pillar
**Last updated:** 2026-05-29T16:17:29.065Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Start 18–24 months before expiry; tenant rep engaged 24 months out.
- Run a real RFP to two alternatives — landlord concession scales with credibility.
- Renewal terms are typically 5–15% better than a fresh deal at the same building.
- Watch for redaction risk if you do not engage tenant rep.
- Run a quantified relocate-vs-renew model — the answer is not always 'renew'.
- Build a refresh capex into the renewal — landlord typically funds 50–100%.

## Key facts
- **spokeGuides**: 4
- **spokeGlossary**: 7
- **spokeTools**: 3
- **cityCoverage**: 123

## FAQ
### When should I start the renewal?
24 months before expiry. Tenant rep engaged then; RFP issued at 18 months.

### Will the landlord match a relocation offer?
Usually yes, within 5–15%. The cost to the landlord of losing you is much higher than the cost of the concession.

### Is renewal always cheaper than relocation?
Usually but not always. Run the model — substantial right-sizing or ESG upgrade can flip the answer.

### Can I right-size at renewal?
Yes — give back floors or take adjacent space. Renewal is the natural moment for footprint re-balancing.

### Do I need tenant rep on a renewal?
Yes. Unrepresented incumbents consistently concede 5–15% more value than represented ones.

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Citation: Source: Class A Atlas (https://classa.info/topics/lease-renewal-strategy), updated 2026-05-29T16:17:29.065Z.