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The Blog

Category Archives: Real Estate

Lease Audit

Lease Audit is a broad topic that means different things to different people. In most cases Lease Audit is associated with auditing Operating Expenses (“OE”). OE reconcilliations are an annual ritual in which the Tenant scrutinizes the Landlord’s numbers for … Read the rest of this entry

Filed in Accounting, Clients, Consulting, Facility Administration, Finance, Financial Statements, Lease, Lease Administration, Operating Expenses, Real Estate, Tenant | Comment Now

Audit Operating Expenses

Auditing Operating Expenses (O.E.) is like going to the Dentist without Novocaine. That’s because the audit process is typically arduous, confusing, convoluted and time consuming. On the other hand, done successfully, an audit can uncover mistakes & errors, over-billing, duplicate … Read the rest of this entry

Filed in Accounting, Expert, Facility Administration, Finance, Lease, Lease Administration, Operating Expenses, Real Estate | Comment Now

What’s better – TI Allowance or Turnkey Buildout?

Most commercial real estate lease transactions include some construction modification to the space (“Premises”). The improvements can be as simple as paint and carpet, or more complex with demolition and new construction. Negotiating the Tenant Improvements (“TI’s”) often is the … Read the rest of this entry

Filed in Construction, Consulting, Lease, Negotiation, Real Estate, Tenant, Tenant Improvements | Comment Now

Why are some Landlords “Out-of-Touch”?

Tenants today tend to be well informed. They read journals, market reports and newspaper articles. Though they may only be in the lease market every few years, they know what’s going on most all the time. They know many commercial … Read the rest of this entry

Filed in Lease, Market, Real Estate | Comment Now

Your Rights & Obligations in Restoration

Restoration – we’re not talking ‘that old house’ restoration. Rather, we are talking about Restoration as a legal term used in leases. It is an often overlooked requirement buried deep in commercial and industrial leases. Restoration goes along with the … Read the rest of this entry

Filed in Clients, Consulting, Lease, Market, Negotiation, Real Estate | Comment Now

To Centralize or Decentralize – That is the Question

In the world of corporate real estate, businesses often wrestle with the decision to centralize or decentralize control over their remote facilities. Unfortunately, there is not a simple, right or wrong solution to the dilemma. At the end of the … Read the rest of this entry

Filed in Clients, Consulting, Lease, Market, Negotiation, Real Estate, Recent Projects | Comment Now