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The nation's top architectural firms report that urban development and miced-use projects have joined the strengthening trends of streetfront, Main Street-style shopping and open-air spaces in the design of shopping centers today. As a result of...
Ever since the first lease was signed for a space in a self-contained shopping center, landlords and tenants have been at war over who should pay for the costs of maintaining common areas and operating and managing the center. The battles have...
To protect itself from the tenant that fails to keep a leased space in good condition and repair, almost every landlord reserves the right to perform repairs that are actually the tenant's responsibility. However, a careful landlord will also...
For years the District of Columbia's Office of Tax and Revenue fought giving proper consideration to tenant concessions, leasing commissions and capital improvements when determining an office building's net operating income (NOI). The District...
A variation of credit tenant lease financing, where the primary focus of the lender is on the credit standing of the tenant as opposed to the real estate, a sale-leaseback involves the property owner selling the property to an investor for a long...
Frank J. Pasquerilla, chairman and CEO of Johnstown, Pa.-based Crown American Realty Trust, died on April 21 from a massive stroke. Pasquerilla was 72...
Retail leases usually contain provisions addressing the responsibility for maintenance and repair of the leased premises or shopping center. Two areas that can give rise to lease- language-interpretation problems are replacement and structural...
