All about commercial real estate leasing
Introduction to CRE Lease Types
Ben & Jerry's has a lot of different ice cream flavors. There is a flavor for everyone and every occasion. The same is true for commercial real estate leases...
The Pros and Cons of Free Rent Concessions
Tenants like free rent. Let's be honest, who doesn't enjoy getting something for free? When the market is "cold" (tenant-friendly, contracting, high supply...
Calculateing Leasing Commissions In Commercial Real Estate
In this video we’ll explore why owners should consider hiring a 3rd party leasing agent and how to calculate the commission amount under different payment...
What is a Tenant Improvement Allowance?
A TI Allowance is an amount paid by the owner to prepare a space for a new tenant. Many owners gladly pay to improve their space in exchange for a higher rent rate, longer lease...
What is a Triple Net Lease in Commercial Real Estate?
A triple net (NNN) lease shifts the responsibility of payment (or reimbursement) of operating expenses onto the tenant. In other words, in a NNN lease, the tenant must pay...
What is a Base Stop Lease in Commercial Real Estate?
This lease type establishes a ceiling or maximum on the amount of responsibility the owner has for operating expenses. The term “stop” in the lease type name comes from...
What is an Expense Reimbursement in Real Estate?
Commercial real estate reimbursements define how much of each operating expense a tenant must refund or repay an owner. Different leases call for different...
What Are The Most Popular Lease Escalations in CRE?
If income is one of the most important drivers of commercial property value, then lease escalations are one of the most important drivers of income. Unlike residential real estate...