Operating Expense Definition – This is where the rubber meets the road. When the landlord is calculating operating expenses, this portion of the lease will dictate what is and isn’t allowed in the calculation, and will be relied upon should a dispute arise. This language should be thorough, concise, and clear.
Category: commercial real estate
One client we recently worked with was extremely dedicated to sustainability. The ideas and solutions we provided aren’t unique in their method to addressing sustainability; however, the strategies that they implemented are ones we continually provide to our clients during the design phase of their build outs.
Corporate tax issues have been the center stage this year as President Trump has implemented sweeping federal tax reform in the United States. Despite these federal changes, it remains critical to evaluate state tax conditions during the site selection process to identify a tax-friendly location for your company.
Autonomous cars will have a tremendous impact on real estate. Everyone knows the saying, “Location, location, location,” and the same will remain true. Landlords will be able to offer their tenants more amenities such as parks, gardens, jogging trails, sports fields, tennis courts, and putting greens, instead of meeting the minimum code parking requirement in that jurisdiction. Indoor parking garages will be converted to retail, gyms and additional office space.
Over the past year and change, the commercial real estate industry has widely evolved and along with it, the process of securing space for tenants. A number of our global, 100% tenant representation members describe here the changes they’ve encountered working with tenants in their regions – from the increase of co-working spaces, to high demand and creative build-out requests, to the effects of Brexit, and more.
This post was written by Wildmor Advisors, Exis members and regional tenant representation market leaders located in Atlanta, GA. To learn more about the company and the portfolio of services they provide, visit their profile. Atlanta has become a front runner in the race to become the home of Amazon’s HQ2. While we aren’t sure…
When there are hundreds of thousands or even millions of dollars at stake in a long-term, generally fixed contract that houses the operations of your multi-million or multi-billion-dollar enterprise, preparing for relocation or renewing a lease is like preparing for your own Super Bowl. To achieve a victory, you must have the right team in place and that team—including you, the decision-maker—needs to be prepared.