When looking to lease commercial real estate, you will be confronted with a variety of rent formats depending on the type of space you are trying to find. The options include full service, industrial gross, modified gross, net of utilities or some other expense and triple net, also shown as NNN for those that typically […]
Renting Office Space
There Are Great CRE Deals, But No Free Lunches
As was discussed in the last edition of Edell’s Premises, the deals are great for office tenants looking to renew or relocate, but tenants need to make sure that your financial house is in order. Landlords have learned from previous experiences that attracting tenants with aggressive concession packages and affordable occupancy costs does not ensure […]
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