When it comes to opening and co-tenancy requirements, some leases require that a specific anchor tenant be open and operating before... Read More »
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Tag: Leasing
Telecommunication Lease: The Battle Over Subleasing Rights
Telecommunication (“telecom”) leases can be a unique animal due to the nature of the tenant’s use and business model. In negotiating... Read More »
When a Signed Lease is Not Enough – Commercial Tenants in Massachusetts
Renting retail space in a shopping center? An office in downtown Boston? A parcel of land for development in the... Read More »
Residential Security Deposits Provide Protection for a Landlord, but There can be Unexpected Pitfalls
On April 27, 2016, the ever-perilous legal landscape for Massachusetts residential landlords developed an additional potential pitfall. The statute governing... Read More »
Percentage Rent: How it’s Calculated
Percentage Rent is intended to reward the Landlord for creating a successful retail environment wherein the Tenant exceeded a sales benchmark... Read More »
A Major Danger To Commercial Property Owners (And Their Lenders) — The Protective Safeguard Endorsement To Property Insurance Policies
Almost all property owners’ insurance policies contain various endorsements covering such matters as rent insurance, business interruption, service interruption, liquor... Read More »
Sharing Can Be Hard: The Risks of Distributed Work Space
When mother encouraged you to be nice and share with others she likely did not have office space in mind. ... Read More »
Show Me the Money! Negotiating Tenant Allowances
Tenant Allowances are cash contributions made by a landlord to a tenant to prepare the premises for business. Landlords offer... Read More »
What You Need To Know: Boston and Cambridge Energy Use Disclosure Ordinances
On July 28, 2014, Cambridge, Massachusetts enacted an energy use disclosure ordinance, joining Boston and several other cities. The Cambridge... Read More »
The Effect of Online Shopping on Retail Leases and Percentage Rent
“Percentage Rent” is a familiar concept to retailers and landlords and has long formed a significant aspect of the business... Read More »
Five Key Issues for the Parties to a Sublease
A sublease is a transfer of less than a tenant’s full interest in its lease because either it is a... Read More »
Heating, Ventilation and Air Conditioning (“HVAC”), Solar and Other “Green” Heating Alternatives in Retail Leasing
A topic that arises in virtually every retail lease, and yet is barely addressed in the letter of intent (LOI),... Read More »
