In commercial leases, Common Area Maintenance expenses – or CAM expenses – often represent a significant portion of the financial obligations of a tenant. These expenses typically cover the upkeep and maintenance of shared spaces in a project, such as …
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Retail real estate owners continually need to modify their projects to meet the evolving needs of retail tenants and customers. Among the most difficult challenges in reimagining or redeveloping retail projects are restrictions within existing REAs, CC&Rs and other recorded …
Mixed-use properties pose unique legal challenges as different types of tenants often have divergent legal interests. In mixed-use properties with retail and residential uses, landlords must ensure their leases provide retail tenants sufficient operational flexibility without sacrificing the residential tenants’ …
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Parking has long been a critical aspect of the shopping center experience, influencing consumer behavior, tenant satisfaction, and overall profitability. Parking allocation can be a contentious issue among tenants within shopping centers, particularly when space is limited or unevenly distributed. …
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As more companies boost their sustainability initiatives, both landlords and tenants are increasingly looking to advance their environmental goals through special lease provisions. “Green” provisions mandating environmentally friendly practices can benefit both landlords and tenants economically – and seem poised …
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Commercial landlords are seeing an increase in tenants storing lithium batteries and other types of batteries in their premises and buildings. This is even more prevalent in states – like California – that have lofty ambitions to reduce their dependency …
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While economists and pundits may disagree about the likelihood of a recession in 2023, it is important for real estate investors to take steps now to prepare their portfolios for a potential economic slowdown given the stark rise in interest …
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