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Why wait another day? Make the most of your commercial property. A commercial building is just a building; but, it's an investment once it's leased with positive cash flow. Sounds easy? It's not. To invest and lease right you need the help of an expert who has spent his professional life as a commercial real estate broker and investor. You need the decades-long master of commercial real estate on your side. You need Craig Coppola. Before you make your next commercial real estate investment move, read this book. In it you'll find Craig's wisdom, insights and how-to's - the very techniques he uses to maximize his clients' and his own investments. Thinking of taking on leasing by yourself? This book will guide you. Considering hiring a broker to represent your properties? This book will make you a better buyer of those services. It's fast, easy, indispensable!
An authoritative resource to all aspects of negotiating and drafting effective commercial property leases, this book features an array of state-of-the-art lease forms that can be quickly tailored for a particular transaction. Expert commentary is woven into the text to clarify and explain each provision of the leases included: office leases, retail leases, industrial and warehouse leases, and specialized leases, plus lease-related documents. Features 21 lease forms and six lease-related documents; 14 in the book and CD-ROM, an 13 only on CD-ROM.
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Negotiate commercial leases and renewals like a pro Renting space for businesses and navigating a commercial lease can be a daunting task for those without expertise, as errors or oversights can cost thousands of dollars. Thankfully, Negotiating Commercial Leases & Renewals For Dummies takes the mystery out of the commercial leasing process and offers expert tips and advice to help small business owners successfully negotiate their leases???without losing their cool, or their cash. From one of the industry's most respected and experienced consultants, Negotiating Commercial Leases & Renewals For Dummies provides tenants with tips and advice on finding the best location and amenities for a business; understanding space needs and maximizing lease space; ensuring fair operating costs and keeping rent fees at a manageable level; minimizing the deposit requirement; mastering and executing negotiation strategies and tactics; and much more. Discover the rights and responsibilities associated with commercial leases Find out how much negotiability and flexibility you can expect in commercial leases and renewals Get to know which laws protect you and your business Negotiating Commercial Leases For Dummies is essential reading for the more than 10 million business owners, entrepreneurs, retailers, restaurants, doctors, and franchise tenants who lease commercial, office, and retail space across North America.
This is the definitive guide to advanced leasing for owners of retail properties. This comprehensive manual starts with the critical elements needed for a successful negotiation. You will then learn the 10 most common negotiating errors before the author gives specific negotiating techniques and tactics for many areas of the lease that increases income and value while reducing risk. Areas covered include negotiating basic rent; percentage and additional rent; handling incentives, crafting use clauses and tenant benefit clauses, to name a few. You will benefit greatly from several sections of this book that are unique in the literature: how to make the most prudent and cost-effective use of professionals such as lawyers, accountants and brokers; methods of determining appropriate rent levels (including retail percentage rent from a landlord's strategic negotiating viewpoint); the importance of renewing a tenancy, as compared to the industry common practice; crafting effective "green" leases; and how to write good leases for mixed-use developments. One former real estate VP for a brand name retailer says: "Retailers don't want landlords to learn these negotiating strategies."The Editor in Chief of Retail Insider says: "Masterguide to Leasing for Retail Landlords is a must-read for anyone involved in or thinking of becoming involved in the landlord side of leasing, or even someone looking to gain insight into how it's done. Mr. Morris takes you through the steps and provides insight that only someone extremely knowledgeable could provide. Rather than reinvent the wheel, why not learn from the expert?"
Written by attorneys who each negotiate over 200 leases a year, this is a practical examination of commercial lease negotiations and language. The authors discuss key negotiating topics, and each discussion is followed by valuable sample clauses language that address the issue. Topics include: the pre-opening period; leasing and use restrictions; securing lease obligations; priority lien rights; financial issues; common areas; lease transfers and co-tenancy; mixed-use properties; purchase of outlots; maintenance; and more