What Did We Miss in the Work Letter? Project Experts Weigh In
Experienced project professionals share the overlooked requirements that can become expensive after the lease is signed. Originally published May 2015. Updated October 2026 with current…
Experienced project professionals share the overlooked requirements that can become expensive after the lease is signed. Originally published May 2015. Updated October 2026 with current…
The broker may lead the real estate transaction. That doesn’t automatically make the broker responsible for determining whether the space works—or for delivering what happens…
The rent, location and square footage may work. Power, loading, floor capacity, HVAC, zoning and site logistics determine whether the business can. Originally published November…
By Bryan Mashian, Esq., Contributing Columnist When negotiating a lease in a multi-tenant project, such as a shopping center, office building or industrial park, the…
The tenant improvement allowance tells you how much money may be available. The work letter tells you what actually gets built, by whom, and under…
Some of the most expensive lease provisions aren’t the ones that dominate the negotiation. They determine what the tenant pays, what it can change, what…
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”)…
by Coy Davidson, Contributing Columnist Get as much as you can, and maintain control of the build-out process A key component of any lease…
When commercial tenants negotiate directly with landlords, they are often treated like captive markets. Without representation, tenants don’t know what they don’t know (for example,…
There are a few cases where the commercial real estate tenant may need additional time to vacate their premises beyond the end of the existing…
When choosing which space is best for a medical practice, physicians can have unique needs when compared to general office tenants. Physicians are oftentimes more…
Consider that you wouldn’t purchase a commercial property before thoroughly researching it, your search for commercial real estate law firm should be one of careful…
Direct metering, submetering and rent inclusion can look like utility details. They can materially affect lease economics and operating costs. Originally published September 2011. Updated…
Continued from Part 1 and Part 2 V. OTHER CONSIDERATIONS in a tenant build work letter In a tenant-controlled construction project, it is critical that…
Continued from Part 1 III. FUNDAMENTAL CONSIDERATIONS A. Landlord’s Motives Typically, both the tenant and the landlord will seek to control the expenditure of the tenant…