What special features might tenants demand in their leases for office buildings?

Tenants may demand a right of first refusal to rent contiguous space for several reasons. This provision offers strategic advantages, especially in the context of office buildings where companies often look to expand as their workforce grows. By securing the right to lease additional space adjacent to their current premises before it becomes available to others, tenants can avoid the hassle and uncertainty of moving to a different location.

This feature not only gives tenants the security of planned growth but also helps them maintain operational continuity. If a neighboring office space becomes available, the tenant has the opportunity to negotiate a lease under terms they find favorable, effectively expanding their footprint without the competitive pressures other prospective renters would face.

While other choices can be relevant to tenants—for example, long-term lease guarantees ensure stability, and fixed rent for a period can aid in budgeting—none provide the immediate adaptability and scalability benefits of the right of first refusal in dynamic office market conditions. Subletting options also serve a purpose, but they do not offer the same proactive potential for securing expansion space as the right of first refusal does.