My lease doesn’t expire for 8 years. Do I have to agree to their request to renegotiate the lease now?

No you don’t. In fact, they are contacting you this far in advance because it gives them time to renegotiate. Their agents are good and aggressive negotiators, so the timeframe suits them well. We typically recommend that you wait until closer to the expiration unless they have put forth a compelling offer. At that point, we recommend that you forward us the offer. We will review it and let you know if it is worth considering or whether you should just refuse it. And we won’t charge you a dime. However, if we think that there is an opportunity to improve the terms of the lease, we will let you know the cost of our services. After that, we won’t push you or smother you with emails and advertisements, other than to follow up and make sure that you don’t have any further questions.