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A Full-Service Lease, typically applicable to multi-tenant office buildings, offers one monthly rate that encompasses all costs associated with the property, such as electricity, janitorial services, management, property taxes, and property insurance. This lease type allows the landlord to pass along any increases in expenses to the tenants each year.
Over three decades of commercial real estate leasing experience in warehouse and office markets, we’ve encountered numerous lease arrangements and responsibilities. This article aims to provide a comprehensive overview of the most common lease types…
Overview Committing to a lease for 3, 5, 7, or 10 years is a monumental consideration for a business. Remember what you are committing to - rent and expenses for the overall lease period. Whether moving into the first property for your business or moving from one location to another…
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