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The business dynamics created by the recession is a painful reminder to tenants of the need to strive for as much flexibility as possible in their leases. As a result, exit strategies cannot be neglected when entering into leases. Those companies that have built “flexibility” into their leases can now downsize or reconfigure in order to respond to changing needs. Let’s look at some of the strategies employed by tenants and analyze how they affect tenant and building owner alike.

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