True Confessions of a Landlord’s Counsel: What a Commercial Tenant Needs to Know When Negotiating a Lease (Part 7)

Part 7:  Additional Rent – Common Area Maintenance Costs. Common Area Maintenance costs (generally known as “CAM”), should be one of the most negotiated areas of a commercial lease as so many factors and positions come into play which will vary according to the make-up of each commercial project.  A tenant needs to be wary that its Landlord is not using CAM costs as potential profit center for the management, operation and maintenance of its commercial project.  Likewise, a tenant [...]

By |2019-01-22T00:22:08-07:00September 21, 2018|Commercial Real Estate|