
Due Diligence Is Critical in Commercial Real Estate Transactions
By Link LeGrand, CCIM Contributing Columnist Financial due diligence is the process of verifying all statements of fact (or “finding where the bodies are buried”)
Commercial lease strategy often determines project risk before design begins. Responsibility splits, approval sequencing, and work letter structure directly shape scope clarity, schedule pressure, and capital allocation.
This section examines how lease negotiations intersect with construction planning — from tenant responsibility definitions to landlord coordination and budget exposure. What appears to be a “construction issue” is frequently rooted in transaction structure.
When obligations are defined clearly and early, execution becomes controlled rather than compressed. Strong lease strategy reduces downstream construction risk and protects both capital and operational performance.

By Link LeGrand, CCIM Contributing Columnist Financial due diligence is the process of verifying all statements of fact (or “finding where the bodies are buried”)

What’s the most ridiculous lease clause you’ve encountered? This was a question posted in a LinkedIn Discussion Group. Here are some example lease clauses that

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