Real estate transactions can be influenced by various factors. One often-overlooked aspect is the existence of open building permits at... Read More »
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The Evolution of the Health Club as a Tenant in Retail and Mixed-Use Developments; Pros and Cons
A health club used to be an unwelcome tenant in any retail shopping center. The traditional thinking was that health... 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 »
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 »
Letters of Credit versus Cash Security Deposits
Commercial Tenants often request that Landlords accept a Letter of Credit in lieu of a cash security deposit. This blog... Read More »
Negotiating Inclusions and Exclusions from Operating Expenses or Common Area Maintenance (CAM) Costs
Most retail leases are so called triple net leases, in which Tenant pays its proportionate share of Insurance, Real Estate... Read More »
5 Elements to Include in Collateral Assignment of Lease/Landlord’s Waiver
Landlords of commercial properties are often asked to sign a collateral assignment of lease and a waiver of the landlord’s... Read More »
