Modern Business Magazine February 2016 | Page 20

REAL ESTATE Who is the landlord? Will you be dealing with a real estate or leasing agent, a large shopping centre group; a bank; or a small, independent “Mom and Pop” landlord? The best negotiating approach depends on who your landlord is. How long has the landlord owned the property? A long-time landlord will have gained a wealth of knowledge and experience regarding the property. Typically, a long-time landlord will also retain interest in continuing