Today's Tenant Rep Tuesday Tip topic: What does "Base Year" Mean in a Commercial Lease?
Landlords pass along operating expenses (e.g. taxes, insurance, maintenance) as part of a full service “base year” lease.
Today's Tenant Rep Tuesday Tip topic: Proposals to Lease Commercial Space
Upon touring commercial spaces for lease, as a tenant you narrow it down to your lease space options to 2 or 3 office spaces. The next step is to determine if the economics make sense for your company/business, and ensure that the buildings and spaces can accommodate your current as well as your future needs.