Video: Answering the question of how important a tenant’s option to renew its lease is to an investor buying a property

The host of The Commercial Real Estate show addresses the question of how important a tenant’s option to renew its lease is to an investor buying a property. His opinion, shared by most, is that a unilateral option of a tenant has no value to an investor. I think many would agree with the caveat that in some cases it creates a perception, if not a reality, of a likely longer-term tenancy.