Navigating Lease Renewals and Extensions: A Guide for Commercial Tenants

When a commercial tenant’s lease is nearing its expiration date, there are important decisions to be made. Should you renew the lease, negotiate new terms, or move to a new location altogether? Navigating lease renewals and extensions can be complex, but with a little knowledge and preparation, commercial tenants can make informed decisions that work […]

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Demystifying Additional Rent: What Commercial Tenants Need to Know

For prospective commercial tenants, understanding the terms of a retail lease is essential before signing on the dotted line. One such critical term is Additional Rent, which refers to a tenant’s proportionate share of operating expenses such as common area maintenance (CAM) costs, real estate taxes, and the landlord’s insurance costs. This article explains the

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Exclusive Use Clauses: A Key to Commercial Retail Tenant Success

As a prospective commercial retail tenant, understanding exclusive use clauses is critical to your business’s success. This clause restricts the landlord’s ability to lease space in the shopping center to competitors of the tenant. This article will help you understand what you need to know about exclusive use clauses. Exclusive Right is a Negotiated Right

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The Importance of the Operating Covenant in Commercial Leases: What You Need to Know

Are you a commercial tenant looking to sign a retail lease? Then you must understand what an operating covenant is, and how it impacts your business operations. An operating covenant is a clause in a retail lease that requires you to operate and remain open during the lease term. This clause is crucial to the

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Commercial Lease Negotiations: The Ins and Outs of Co-Tenancy Clauses

Business owners! Are you in the process of negotiating a commercial lease for your retail space? If so, you may have come across the term “co-tenancy clause.” A co-tenancy clause is an important consideration for tenants leasing space in a shopping center, as it provides compensation for loss of consumer traffic related to changes in

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Get the Lease You Deserve: Understanding Negotiating Leverage

Commercial leasing negotiations can be critical in determining the success of your business. To ensure that you secure a favorable agreement, it is essential to understand your negotiating leverage as a tenant. Various factors can determine your negotiating leverage, including your financial statements, creditworthiness, and operational experience. Landlords prefer tenants who have demonstrated their ability

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Eliminating the Guesswork: A Comprehensive Commercial Lease Review Checklist for Business Owners

Signing a commercial lease can be a daunting task for any business owner. A lease agreement is a legally binding document that determines the terms and conditions of the rental agreement between the landlord and the tenant. As a business owner, you want to make sure that the lease agreement meets your business’s needs, protects

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Why Lease Review Services are Critical for Business Owners

If you’re a business owner looking to lease commercial space, careful scrutiny of every aspect of the process is essential. From negotiating the terms with the landlord to finding the perfect location, the process can be complex and overwhelming. One crucial step that cannot be overlooked is reviewing the lease agreement, including understanding frequently negotiated

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Avoiding Costly Mistakes with Effective Commercial Lease Reviews

Are you a business owner in the midst of negotiating a new commercial lease? There are several lease provisions that are frequently highly negotiated and can have a significant impact on your business. Here are ten specific discussions you should have with a commercial real estate attorney to ensure you are getting the best possible

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A Winning Strategy: Leveraging a Real Estate Attorney as Your Secret Weapon in Commercial Real Estate Lease Negotiations

If you’re a commercial tenant, negotiating a lease agreement can be an overwhelming experience. Even if you’re familiar with the process, it’s always a good idea to work with a real estate attorney who can provide you with the legal expertise and guidance you need to navigate the complexities of the lease negotiation process.  When

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