If your company or organization leases office space, your lease is likely one of your largest fixed expenses—and it’s easy to make costly mistakes.

This short checklist walks through key items every Chicago-area tenant should review before renewing, relocating, or renegotiating an office lease.

Inside you’ll find:

• Timing and planning considerations

• Financial terms beyond base rent

• Flexibility and risk management issues

• Market and submarket factors

• Representation and negotiation strategy

Whether your lease expires soon or in a few years, early planning can make a meaningful difference.