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Cumulative vs. Non-Cumulative Caps on Operating Expenses in Commercial Leases
In many commercial real estate leases—including the AIR standard form—tenants are often responsible for a portion of the operating expenses (like maintenance, landscaping, repairs, etc.) through Additional Rent or Common
Tired of Mailing Rent Checks? Meet Melio – The Modern Solution for Commercial Tenants
If you’re leasing commercial space — whether it’s retail, office, or industrial — chances are you’ve run into this issue: The landlord or property manager still wants you to mail
The Decline of the Office Dominance
The commercial real estate landscape is experiencing a significant shift, moving away from the traditional dominance of office spaces to a growing demand for industrial and distribution facilities. A notable
Major Banks’ Risk and Opportunity in Commercial Real Estate Financing
Exploring the Landscape: Balancing Risks and Embracing Opportunities Commercial real estate financing constitutes a pivotal aspect of major banks’ operations, presenting a dichotomy of risks and opportunities. As these financial
2024 Commercial Property Market Outlook: Trends, Challenges and Opportunities Ahead
2024 Commercial Property Market Outlook: Trends, Challenges and Opportunities Ahead As the dawn of 2024 breaks, the commercial property market stands at a crossroads, with the rising sun
The Essential Turnover Package Checklist for Commercial Building Projects
When a construction project reaches completion, the transition from the design builder to the ownership is a critical phase. This process involves handing over a comprehensive turnover package that includes