When leasing commercial real estate properties such as office space, retail space, or warehouse space, landlords will typically offer incentives to get tenants to lease space in their building. One…
Commercial tenants often underestimate the importance of establishing a good relationship with their landlord, however, this is something that as a tenant, you should be prioritizing. Developing (and maintaining) a…
Vacancy is the bane of every owner’s existence. While there are many things that can lead to high vacancy rates, there are specific steps you can take to reduce the…
Whether you are a landlord or a tenant, one of the crucial terms to consider when negotiating a lease is the renewal clause. The renewal clause grants the tenant an…
If you have entered into a lease agreement for commercial retail, warehouse, office space, or any other building or facility used for business purposes, you may find yourself in a…
With commercial rent on a downturn and plenty of leasing space available, understanding the basics of a commercial lease can be essential to keeping commercial property afloat. The flexibility inherent…
When you lease commercial space, you pay for more than just the square footage you will occupy. Many, if not most, commercial leases are “triple net” (NNN) leases which require…