Rebuild the requirement
Do not assume the existing layout and size remain right. Update attendance, growth, rooms, technology, access, sustainability, client and capital needs.
Audit the current premises
List service failures, repairs, measurement questions, operating-cost issues, accessibility needs and improvements that should be resolved in a renewal.
Compare staying and moving
Model renewal rent, recoveries, improvements and disruption against relocation rent, incentives, capital, overlap, moving and restoration. Record qualitative operating effects next to the financial model.
Translate the bargain into documents
Confirm premises, area, work, rent, recovery changes, dates, options and resolution of existing issues in the amendment or new lease with qualified counsel.
Evidence boundary: office availability and quoted economics change. Confirm current premises, authority, area, costs, permitted use and documents for the specific transaction. Read the methodology.