Monthly Archives: March 2016

How to Investigate Your Prospective Commercial Landlord

When it comes to renting commercial space, landlords are always investigating prospective tenants to help ensure there will be no unpleasant surprises. And nothing says tenants can’t do the same before signing a lease and moving in. Landlord Credit Check A building owner’s creditworthiness is extremely important, especially in an economy where major real estate holde ...

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Beware of the Commercial Lease’s ‘Escalation Clause

Unless your company is getting a short-term lease, your commercial lease is most likely going to include what is known as an escalation clause. This clause automatically increases the amount of your base rent over the years, with the premise of paying for increases in the costs related to the building. While such clauses are common and totally valid, they can also be a kee ...

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Commercial Leasing: Usable Areas vs. Rentable Areas

When it comes to evaluating your new office space, one of the first things you determine is the total rentable square feet. If you’re looking at a 2,000-square-foot office space, you should expect to pay rent for 2,000 square feet of space, right? Not so fast. The 2,000 square feet may indeed be the size of the office you’re looking at, but commercial leases gen ...

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Commercial Real Estate: Getting the Right Lease Type

Getting a supreme deal on your next commercial real estate lease can largely depend on the type of lease you get. Commercial real estate leases come in three basic types: gross, net and modified gross lease. Gross and net refer to two different ways your rent can be calculated. Gross Lease This lease typically involves the tenant paying one large sum for his rent, wi ...

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How to Compare and Analyze Your Top Prospective Commercial Properties

Let’s say you’ve found a handful of really hot prospective commercial properties, each of which would be ideal for your business – or so you think. One way to really hone in on the winners is to quickly eliminate the losers, something you can do with a comparative analysis. Using an electronic spreadsheet, you can set up a thorough and systematic analysis that p ...

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