COMMERCIAL LEASING CHECKLIST (Office Lease – Tenant Oriented) The following checklist addresses many common issues which arise in negotiating an office lease. Retail and industrial leases trigger many of the same concerns, plus additional ones unique to the proposed use. For many companies, their l...
Steingold, Fred S
Expertise arises as the lawyer devel- ops a mental checklist of problems, concerns and fixes that she can apply efficiently when reviewing a new lease. In this text book, for example, we will occasionally require you examine another lease form from the ABA commercial lease forms book. This ...
Studies show that professional management can increase rental income, reduce vacancy rates, and decrease maintenance costs. For example, if a property manager reduces your vacancy rate by just a few weeks per year, the increase in rental income can easily exceed the management fees. Similarly, pro...
Commercial and retail leases use various rental pricing methods. The nature of a tenant's business often determines which commercial lease calculation is best to use. The economy can also play a part as well, balancing a need to retain an occupant with the occupant's ability to pay based on...
Lacking full awareness of existing tenant lease provisions. Another checklist item, obtaining existing lease agreements of a commercial rental property is highly important. Specialty lease provisions can include contracts, cancellations, and fixed rents. Problems arise when tenants try to act on these ...
HVAC Preventative Maintenance Checklist for Commercial Buildings (5 Steps) Local vs. National Commercial Real Estate Firms: Which Is Better? (Pros & Cons) Graham Moore Graham manages a diverse portfolio of office and retail properties, handling the day-to-day operational and financial management. ...
Some key documents to include in your checklist are: Property surveys: Review surveys to gain an accurate understanding of the property’s boundaries, easements, and any encroachments. Leases: Examine all tenant leases to understand the terms, conditions, and any potential risks associated with...
We perform regular property inspections with a detailed checklist. Ensure vendor performance Verify quality and consistency. Prepare for Future Needs Assess upcoming capital improvements or other preventative maintenance. Project Development Budgeting and Construction Management start to finish. ...
The company also serves as asset manager, overseeing a portfolio in excess of 1 million square feet of property throughout the St. Louis metropolitan area. Gershman Commercial Equities affiliates with Gershman Commercial Real Estate, who provides a service platform for the ongoing management, operatio...