Analysis and insights on commercial real estate property management across the office, retail, multifamily and industrial sectors as well as the alternative CRE property types.
Leases often provide that a landlord has agreed to give a tenant an improvement allowance (Allowance) for enhancements to be made to the leased premises. However, because leases often fail to describe who owns those improvements to be paid for by...
Columbus, Ohio – Lane Bryant, a division of locally based The Limited Inc., named Steve Stickel as vice president, director of stores. He has more than 20 years of experience in the retail industry...
There are a variety of net leases, one of which is a double net lease. The double net lease is a lease in which the tenant is responsible for the majority of all expenses, excluding roof and structure, while the landlord may be responsible for...
AFTER SPENDING THE PAST three years strengthening its existing shopping center portfolio with $31 million worth of improvements, Combined Properties is now looking for high-yield redevelopment deals with third-party partners...
Richard Heapes, a principal with Street-Works, calls his firm a “creative developer” — a company that combines the traditional development expertise of financing and leasing with design and planning expertise to make great places. Street-Works...
An operating covenant is an agreement by the tenant to continuously operate its store for a set number of months or years and for a designated number of hours and days each week. Such covenants frequently appear in leases containing a percentage...
The value of a rental space can vary greatly over time, out of proportion to automatic cost of living increases or fixed rent increases. Therefore, landlords and tenants often agree to adjust future rent based on a determination of fair market...
