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 ...
Learn how single net leases transfer property tax responsibilities to tenants, reducing landlords' burdens while offering a ...
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.
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 ...
After some 20 years of leasing commercial real estate, we have realized that most tenants seeking new space have very limited experience with the commercial leasing process. Navigating this process ...
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 ...
Property tax Building insurance Maintenance and operating costs. Additional rent commonly varies annually, unless otherwise stated in your lease. It’s important not to rely solely on the title of the ...
This biweekly sponsored column is written by the experts at Gordon James Realty, a local property management firm that specializes in residential real estate, commercial real estate and homeowner ...
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 ...
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