Understand every lease before you sign it. Plain English guides to clauses, deposits, renewals, and the terms that matter most.
Percentage rent audits are how shopping center landlords verify that tenants are reporting gross sales accurately and paying the full percentage rent owed. For landlords, audits protect a...
Gross sales reporting is the engine that makes percentage rent work. In retail leases, landlords collect base rent plus a percentage of sales above a breakpoint, but that...
Retail leases that include percentage rent almost always include a breakpoint, the sales threshold above which the tenant pays a percentage of gross sales on top of base...
Percentage rent is one of the most important economic terms in a retail lease, and it directly determines how much a tenant pays once sales pass a certain...
Shopping centers succeed when shoppers know the stores will be open. A customer who drives to a center on a Saturday evening and finds half the storefronts dark...
Walk through any successful shopping center and you will see the marketing fund at work: the holiday events drawing weekend crowds, the social media campaigns promoting the center,...
Parking rarely makes the headline terms of a lease negotiation, but it shapes the daily experience of every tenant, employee, and customer who uses the property. A medical...
Every modern office runs on connectivity. Fiber lines, backup circuits, wireless access points, and building wide networks are as essential to a tenant as electricity and water. Yet...
Open the utility closet in any apartment building and you will find the equipment that decides how tenants pay for electricity, water, and gas. In some buildings, each...
A leaking roof can destroy inventory, close a business, and trigger a fight over tens of thousands of dollars in repairs. Structural problems, a cracked foundation, a failing...