Catch up on the latest information across the Commercial Real Estate business covering brokerage news, development projects, leasing, property management trends and proptech.
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...
Edgewater, N.J. – Locally based Starwood-Heller LLC is developing the final phase of The Promenade, a $75 million mixed-use community located in Edgewater. When completed next year, the complex will include 160,000 sq. ft. of retail space, 325...
City of Industry, Calif. – Locally based Puente Hills Mall is in the final phase of a four-year redevelopment project that is slated for completion by Spring 2002. The final phase includes the addition of two large format retailers, several family...
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...