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Right Of First Offer, Right Of First Refusal and Termination Options This post is the seventh in our series entitled “The ABCs of Commercial Real Estate Leases”. The series is a primer for those who are new to commercial real estate and looking to learn... Read More »
Today’s post, the sixth in our series on commercial real estate lease fundamentals entitled “The ABCs of Commercial Real Estate Leases”, is on Purchase and Relocation Options, two more important options commonly found in commercial real estate leases. Purchase Options, Defined A Purchase Option is... Read More »
This post is the fifth installment in our series on commercial real estate leases entitled “The ABCs of Commercial Real Estate Leases”. We’re going to continue our discussion on Lease Options, which we started in our last post. In this post, we’re going to cover... Read More »
Welcome to the fourth post in our series on the ABCs of commercial real estate leases. In this post, we’re going to begin a discussion on Lease Options, another fundamental component of commercial real estate leases. We’ll start by explaining what a commercial real estate... Read More »
This post is the third in our series entitled “The ABCs of Commercial Real Estate Leases”. The series is meant to both provide an overview of commercial real estate lease fundamentals for those who are new to the industry, and serve as a helpful and... Read More »
In the next two installments in our series on lease fundamentals, “The ABCs of Commercial Real Estate Leases”, we’re going to address Rent and Additional Recoverable Expenses, an important topic considering Base Rent and Recoverable Expenses account for the lion’s share of revenue from commercial... Read More »
On the surface, commercial real estate leases might not seem all that exciting. They tend to be long, formal, detailed documents filled with arcane real estate terminology and lengthy, intimidating legal clauses—not exactly most people’s idea of light bedtime reading. But, leases are the cornerstone... Read More »
Expense Gross Ups—or Grossing Up– is a term that frequently appears in commercial real estate leases. Grossing Up is a process for calculating a tenant’s share of a building’s variable operating expenses, where the expenses are increased for expense recovery purposes, or Grossed Up, to... Read More »
One topic that draws a lot of interest on both the Realogic Blog and in our commercial real estate training classes is rent increases tied to the CPI, the US government’s Consumer Price Index. What is the CPI, what does it have to do with... Read More »
Leases are the fundamental building blocks of commercial real estate. Whatever the endeavor—underwriting, due diligence, financial modeling, lease administration— it starts with the humble and unassuming commercial real estate lease, a detailed, complex and usually lengthy document that serves as a legally binding contract between... Read More »