A gross lease in real estate is a commercial lease where the tenant pays fixed rent while the landlord covers most property operating expenses, including taxes, insurance, utilities, and maintenance.
The COVID-19 pandemic has had a dramatic impact on commercial leasing for both tenants and landlords. Proactive landlords are wisely having lease modification discussions with their existing tenants ...
Operating expenses (“OpEx”) and common area maintenance fees (“CAM”) are two important items in any commercial lease, but they are often overlooked after the decision is made on how to split up these ...
Aviva is the Managing Broker of Sonenreich & Co, a third-generation commercial real estate broker, owner and investor in Denver, Colorado. Commercial leases are intimidating. What's an NNN? How about ...
Landlords and tenants negotiate several types of leases on commercial property. The three most common are gross, percentage and triple net leases. The triple net lease is the opposite of the gross ...
A lease is the first foray into real estate for many young entrepreneurs. With the exception of the dorm occupancy contract in college, and possibly a residential apartment lease in graduate school, ...
So you have found the perfect place for your business and it is time to negotiate the lease. Aside from the basics such as term and rent, what should a tenant (Lessee) be looking at in their ...
For many entrepreneurs signing a lease seems like renting an apartment – a Tennant/Lessee agrees to pay a certain fee to Lessor/Agent per month. Right? Nothing could be further from the truth. The ...
Leasing office, retail or industrial space can mean plentiful trips to look at buildings that turn out to be unsuitable, overpriced or both. Among the confusing terminology that governs the terms ...
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