SearchCommercialSpace in the Forefront as More Opportunities Arise For Tenants i n Commercial Estate The window is still open for

tenants in most markets to secure lower lease rates and we continue to encourage companies to be proactive in negotiations. In some i nstances, one or two-year extensions are available as landlords do not anticipat e a better office and real estate space market until 2013. San Diego, CA - July 11, 2011 -- SearchCommercialSpace.com is well-positioned to capitalize on the opportunities for tenants in commercial real estate as the ec onomic recovery stutters due to lost jobs. We hold a solid network of local tena nt representation professionals throughout the United States & Canada ready to a ssist you. We have a wide variety of commercial property listings in several major USA and Canadian cities including Los Angeles, San Francisco, San Jose, Sacramento, Irvi ne, Chicago, Dallas/Fort Worth, New York, Washington DC, Baltimore, Atlanta, Sea ttle, Boston, Toronto, Montreal, Vancouver and others. "Applications for unemployment benefits increased 9,000 in the week ended June 1 8, 2011 to 429,000, Labor Department figures according to Bloomberg News. The l evel of claims exceeded the highest estimate in a Bloomberg News survey in which the median projection called for 415,000 filings. The Bloomberg Consumer Comfor t Index dropped to minus 44.9 last week from minus 44. Stocks fell and Treasury securities rose as the figures, combined with a drop in new-home sales, showed t he recovery was struggling to gain momentum. On June 23, 2011, Bloomberg News reported, "More Americans than forecast filed f irst-time jobless claims which highlights Federal Reserve Chairman Ben S. Berna nke s concern that the slowdown in the economy may persist. Bernanke said that joble ssness increased to 9% percent and weakness in housing show the economy s "headwinds y be stronger than Fed policy makers initially estimated." Being that commercial real estate is a lagging economic indicator which generall y trails other economic indicators by 12-24 months, it is little to no surprise that in only a select few markets have shown signs of economic recovery such as Washington DC, instigated by Government contract spending and Silicon Valley whe re companies such as Google, Yahoo, Cisco Systems, releasing new technology flou rish. In most other places throughout the US such as Los Angeles, Chicago, San Francis co, Irvine, San Diego, Sacramento, Dallas and Atlanta, it remains a Tenant's mar ket and an especially good time for Tenants to exercise their leverage in negoti ations with Landlords to reduce rent. For those who relocate will not only pay l ess rent, they will also secure "free rent" and with the assistance of a Tenant Represenative have the Landlord cover cost of tenant improvements and even the move costs. Opportunities for Tenants. The window is still open for tenants in most markets to secure lower lease rates and we continue to encourage companies to be proactive in negotiations. In som e instances, one or two-year extensions are available as landlords do not antici pate a better office and real estate space market until 2013. Because commercial office and warehouse space rental rates are at an all-time lo w, we do not recommend a short-term extension strategy at this time, unless the business plan simply cannot support a longer commitment. Tenants need to weigh f lexibility versus likely rent hikes in three or four years. In other instances, tenants, especially those with strong financial, have an opportunity to lock in to leases of five years or more will benefit the most. Finally, given low intere

st rates and changes in accounting practices relating to leasing, this may be an excellent time for Tenants to buy real estate. For a free report on availability and rental rates or to locate a Tenant Represe ntative, feel free to contact us at: (877) 750-3926. Contact : John Galaxidas SearchCommercialSpace 11526 Sorrento Valley Road, Suite J San Diego, California 92121 USA 1-(916) 534-2000 info@searchcommercialspace.com http://www.searchcommercialspace.com