The commercial real estate market in 2018 is really taking off.
We hope the following information is useful to you. Call or email us anytime with questions or comments.
A good property manager will not only collect the rent but implement a preventative maintenance program, create CAM budgets, collect certificates of insurance, and inspect the property for wear and tear.
Options To Renew
It’s important to negotiate the renewal option during the “Letter Of Intent” phase of the leasing process. Options could be market rate, fixed amount, the 3 broker method,or baseball arbitration.
The outcome in lease negotiations between the landlord and retailer is largely determined by leverage.