A gross lease in real estate is a commercial lease where the tenant pays fixed rent while the landlord covers most property operating expenses, including taxes, insurance, utilities, and maintenance.

The COVID-19 pandemic has had a dramatic impact on commercial leasing for both tenants and landlords. Proactive landlords are wisely having lease modification discussions with their existing tenants ...

Operating expenses (“OpEx”) and common area maintenance fees (“CAM”) are two important items in any commercial lease, but they are often overlooked after the decision is made on how to split up these ...

In triple net office leases, tenants are required to reimburse landlords for a portion of the building’s overall operating expenses. These expenses cover the costs of operating and maintaining a ...

Is our rain over with for the season? My guess is we’ll see one more soaking in May, and then possibly during the monsoonal desert period in July and August. But what a wet one we experienced this ...

So you have found the perfect place for your business and it is time to negotiate the lease. Aside from the basics such as term and rent, what should a tenant (Lessee) be looking at in their ...

Even in the best of times, commercial leases can be challenging to navigate. In the wake of COVID-19, most business owners are reconsidering a number of factors as they work their way back to ...

Landlords and tenants negotiate several types of leases on commercial property. The three most common are gross, percentage and triple net leases. The triple net lease is the opposite of the gross ...

A triple net lease, often abbreviated as NNN lease, is a type of commercial real estate lease agreement where the tenant takes on significant responsibilities beyond just paying rent. In a triple net ...