More and more people are turning to work-from-home or remote working opportunities. That, coupled with higher interest rates have been significantly impacting the commercial lease market in recent years. The dynamics between landlords and tenants are changing as the...
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Is a build-to-suit lease the right option for commercial space?
Finding the right commercial space for a business is a difficult prospect. Particularly when a business has unique needs, it can be very difficult to find a property that checks all of the appropriate boxes. The business owner or executive looking for a retail space...
What businesses should know about commercial lease agreements
Running a successful business involves navigating a myriad of challenges, and one crucial concern that is often overlooked is commercial lease agreements. This document outlines the terms of a business’s lease concerning a property owned by an alternative entity. If...
Addressing a commercial lease when a tenant files for bankruptcy
Signing a lease with a new tenant at a commercial facility often leads to multiple years of predictable revenue. Commercial leases often last for anywhere from two to five years, although they can sometimes last for even longer than that. They help landlords recoup...
Is eviction the right response to a changing business plan?
Commercial landlords have different obligations than residential landlords do. They also typically have more details included in their leases because of the increased liability that comes from having businesses as tenants. Those renting commercial properties may have...
3 reasons for a business to renegotiate its commercial lease
A commercial lease is a long-term contract that binds a business as a commercial tenant to a specific property. The landlord agrees to provide certain amenities, ranging from facility maintenance to parking spaces, while the tenant accepts certain restrictions on its...
3 things to include in a commercial lease
As the owner of a Florida commercial property with multiple tenants, you know that the lease agreement that you and each of your tenants sign will determine the terms you both have to follow, whether for a short time or an extended period. There’s no such thing as a...
Is a build-to-suit lease the right solution for your clients?
Finding the perfect property for a residential real estate client can be a challenge, but finding a perfect fit for a commercial client can sometimes seem impossible. Homeowners can compromise on their location or on certain amenities, but businesses often have...
How to negotiate the terms of your company’s lease
Your business has been successful, and you find yourself thinking about expanding. Maybe you want to open a second location or simply acquire property nearby to complement your existing space. Perhaps so far you have sold products on consignment at other businesses...
Buying commercial real estate? Get your attorney ready
Buying commercial real estate is a major step for your business. You might be buying commercial real estate to rent out the property to tenants of your choice, or you could be purchasing commercial real estate for your own business’s location. Whatever the reason is,...