“If the tenant doesn’t use a broker, those fees or most of those fees don’t disappear and are still getting paid to internal and 3rd party entities and the tenant’s true savings is none or nominal compared to what they could have saved using a tenant broker.”
Category: Lease Economics
It’s no coincidence that Amazon’s two HQ2 winning regions represent the top two homes for tech workers in the United States. Techies are more likely to live in New York City or the Beltway than almost anywhere else. So, in the end, Amazon went where the experts are. So what does that mean for Philadelphia’s Center City? It means we need to find our place in the world and make ourselves a destination for a few major industries.