Having said that, given that fewer startups are getting funded and tech companies are reigning in their spending, isn't this the perfect time to make a bid?
If so, when would be the most advantageous time to start the negotiation process with the squatter? I realize that it's impossible to "time the bottom" but perhaps someone out there has a better crystal ball.
I suggest instead focusing on your product, team, and creative marketing (in that order).