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Lease or buy office space?

October 8, 2010

Article

How to weigh whether to buy an office space or renew a lease.

Q: I am facing the end of my office lease term within the next year. I have an opportunity to purchase an office that is a condominium. I am wondering whether I should buy or just renew the lease where I am. I would need to refinance my home or sell some stocks to generate the down payment.