Commercial leases are not one-size-fits all. The type of commercial lease will vary depending upon the asset class and building class and the landlord’s and tenant’s needs.
Negotiating Common Area Maintenance Charges in Commercial Leases
When signing a commercial lease, tenants may look at only the base rent amount. They are surprised when common area maintenance (CAM) charges result in a monthly rent bill that is higher than expected. Tenants may receive an additional surprise at the end of the year when they receive a bill for a CAM shortfall. […]