What Today’s D.C. Tenants Should Consider Ahead Of Their Lease Expirations

Washington, D.C., office tenants facing lease expirations should explore their options early and be transparent with landlords to maximize leverage, yield better experiences for employees and reduce costs, a broker experienced in the area’s office market says. This advice from Anna Shaffer, managing director in JLL’s Washington, D.C., office, comes as many office occupiers are weighing whether to relocate, renew or rightsize their existing space. Shaffer specializes in tenant representation, and her clients include government contractors, media and technology companies, associations and nonprofits. “Both landlords and tenants are working towards a common goal, and both are realizing lease negotiations are going to take more time...