The tenant has a 7 year lease currently with an option to renew for 5 years. Would this comply with the 10 year lease option.
Crissy
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Samantha Harrell
LEED Project Reviewer certificate holder115 thumbs up
March 28, 2012 - 1:47 pm
Crissy,
A 10-year commitment must be documented. The option to renew does not demonstrate that the tenant will remain in the space for 10 years.