If you haven't negotiated a garage lease recently, you may find that there are numerous matters that you must pay particular attention to during negotiations. Unlike most commercial leases, garage leases contain an array of unique issues that are not commonly encountered in a typical leasing...
All signs point to the economy getting worse before it gets better. So, more than likely, you are going to have your fair share of tenant bankruptcies. Be prepared by negotiating certain bankruptcy protections with all your tenants.
U.S. retail sales dropped 2.8 percent in October, and analysts don't expect the situation to improve anytime soon. The bad news has owners all over the country wondering how they're going to maintain a steady stream of revenue during this dismal holiday shopping season. Some are banking...
Hurricane Ike's push into Texas, home of nearly one quarter of the nation's refining capacity, had a significant impact on gas prices across the nation. Several states, many of which were not in the tropical storm's path, saw gas prices that surpassed the $4 a gallon mark, with some...
A cell phone service provider's offer to lease a portion of your building's rooftop may seem like easy money. But if you agree to the provisions in a standard rooftop lease without carefully analyzing each clause in the agreement, you will probably regret the decision.
The safety of your tenants and their employees and customers is vital to the success of your business'as well as to your peace of mind. You don't want to wait until you are faced with an emergency, such as a fire, to find out that you don't have an adequate emergency response and...
Owning a mixed-use property—that is, a building with both residential occupants and retail tenants—has its advantages. For example, popular retail tenants benefit from the on-site customer foot traffic. And potential residents may enjoy the easy access to shopping, services, or...
As finding good tenants becomes increasingly difficult, owners will want to lock down good prospects as quickly as possible. But what happens when an otherwise excellent prospective tenant wants to sign the lease, but can't commit until it knows whether its financing has been approved?
