by Shawna | Jan 16, 2025 | Blog
Whether a rental market is weak or strong, lease negotiations can be difficult when the landlord wants concessions that are different from the norm. One situation that happens is when the owner of an office building or other commercial property intends to sell when...
by Shawna | Jan 16, 2025 | Blog
Building on leased land results in a separate ownership of that building and the land. The two owners, one of the land, and one the improvement, come together in one investment parcel. In this situation, the landowner wants someone to develop the land, but still wants...
by Shawna | Dec 23, 2024 | Blog
New mall construction and the renovation of existing centers are becoming more mixed use, with hotels and office buildings being incorporated into the plans. Larger malls are providing more than just shopping. We are seeing more cultural attractions, medical clinics,...
by Shawna | Dec 23, 2024 | Blog
The choice of the type of lease for commercial space leased by a retail business is usually a percentage lease, meaning that the rental amount is determined as a percentage of the gross receipts of the business. The investor-landlord, in effect, takes a stake in the...
by Shawna | Dec 23, 2024 | Blog
Insurance coverage must be addressed by both landlords and commercial tenants. For the everyday problems, a landlord must have the maximum coverage for the building and the tenant’s leases. The tenant must carry insurance with coverage that will protect his business....
by Shawna | Dec 23, 2024 | Blog
Most anything that can be subdivided to be sold or rented can be developed or converted to condominiums. When we say “condo” maybe the apartment might come to mind first. Then, you may think of the commercial office building that was converted to condominium offices....
