Making Operating Expense Headlines
I have often in these pages expressed my frustration that tenants do not regularly (if ever) audit the operating expenses charged under their leases. It…
Lou, Bald Eagles and Carbon Emissions
We have discussed in past issues various new laws attempting to address climate change and the carbon emissions of commercial buildings, including in New…
The Dude (and Cannabis Leasing) Abides
Many states have legalized recreational marijuana use and this may lead to a huge increase in cannabis leasing for dispensaries, warehouses and cultivation…
Tenant Leasing Illustrated April 2021 Bounding and Astounding Co-Working Spaces
As office tenants contemplate their post-COVID return, one option may be co-working spaces which provide the flexibility of a short-term obligation. However,…
Termination on the Menu
Termination options allow a tenant to terminate its lease before the scheduled expiration date by providing notice and usually a termination payment. This…
Going Dark a Wee Bit
Commercial retail tenants need the ability to “go dark” or shut down their business, at least on a temporary basis, but landlords want their retail tenants…
Swimming Your Lease Into 2021
As 2020 (finally) gets out of our way and makes room for 2021, we have been reading through a number of articles and studies prognosticating about what…
Tenant Leasing Illustrated January 2021 If You Give a Moose Restoration Obligations
Most leases require that the tenant surrender its premises at the end of the term in good condition (subject to ordinary wear and tear), with the tenant’s…
Tenant Leasing Illustrated 2020 Survival of the Fattest
Tenants wanting the ability to renew their lease at the end of the lease term need to negotiate prior to lease execution a unilateral right to exercise…
Tenant Leasing Illustrated November 2020 In a Word Renewal
Tenants wanting the ability to renew their lease at the end of the lease term need to negotiate prior to lease execution a unilateral right to exercise…