- Types of Commercial Real Estate Leases
A wide range of commercial leasing possibilities exist. Typically, an office lease in a major city and a retail lease in a suburban shopping center will be considerably different. From a broad perspective, there are a few types of leases commonly found. Within these categories, leases may vary considerably. Gross ......
- Tips: Signing a Lease
Before negotiating terms of a lease, make a list of terms that would benefit your business. For example, if you are opening a jewelry store in a mall, the lease should stipulate that no other, or only one other jewelry store, can open in the mall during the term of ......
- Important Commercial Lease Terms to Familiarize Yourself With
Before you negotiate a commercial lease for your business, you need to understand the potential terms and clauses used in the lease agreement before and during discussions with a landlord.
- The heat is on as busy market continues to drive construction.
The commercial real estate market has been hot all year, which translates into high activity for the construction industry, especially in retail and office build-outs. Not only are there more Manhattan-based projects, but business districts in the boroughs and especially nearby Westchester county are also very active. Within the first ......
- Back to normal: Retail construction expected to slow a bit
Retail construction here is expected to dip a bit from the rapid pace it sustained over the past several years, due in part to a cooling national economy and rising construction costs, retail developers say. Despite the expected slowing, though, numerous big projects already are planned or under way here, ......
- Shopping spree: honorable mention: Queens Center,
Elmhurst, NY.
Today, following a $170-million expansion and modernization, it's a bright, inviting destination: Before, the Queens Center retail mall in Elmshurst, NY, was dated and standard. Despite renovations in 1990, including the replacement of an Ohrbach's department store with JCPenney, the 921,000-square-foot center was showing its age. An archaic design (including ......
- Retail on the rise in region
Consumer spending has been one of the few bright points in the recent economic downturn, and Northern Colorado has the shopping centers to prove it. "Unlike office space, which really has seen a downturn, retail has held fairly constant," said Cole Herk, a broker and partner with The Group Inc....