Richards Rodriguez & Skeith LLP share their five tips for negotiating a commercial real estate transaction. First, have a firm grasp on what you need out of the lease or sale, then set your budget beforehand. Do your due diligence and research every aspect of the building, from rental history to current tenants to any environmental concerns. When it comes time to make an offer, it’s essential to have an expert by your side, so consult with your commercial real estate agent or attorney before making the first move. Finally, it’s essential to always treat the party across the table with respect, no matter how strained or heated negotiations become.