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Energy companies are feeling the squeeze of a drop in the price of oil. They are being asked to cut expenses wherever possible, including jobs. With an increase in new construction, it’s likely that prices of commercial real estate, whether through purchase or lease, will decrease.
This creates a prime opportunity for Energy companies that are either trying to find cost savings while operating under a shrinking capital budget by changing address or negotiating lower rates.
Whether looking to make a move or considering divesting property that may no longer be necessary, this unique market has corporate legal departments looking for content and tools that will help them create better transaction documents.
Don’t miss our informative, short Webinar to learn how LexisNexis® can help. Navigating Opportunities in the Commercial Real Estate Market: Should I Stay or Should I Go Now?
This session will focus on:
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