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Soft market creating deals for creditworthy tenants.

Publication: Real Estate Weekly
Publication Date: 25-JUN-03
Format: Online - approximately 521 words
Delivery: Immediate Online Access

Article Excerpt
The tough economy has become a double-edged sword for tenants. On the one hand, the soft market has opened the door to many opportunities for good space deals for tenants. On the other hand, landlords are getting tougher on creditworthiness and demanding higher security deposits and scrupulous examination of credit histories and financial statements.

For the most part, creditworthy tenants are still in the driver's seat. A soft real estate market has pushed down the demand in...

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