Commercial Leasing Law Blog

Commercial leasing encompasses a rather disparate array of commercial properties ranging from shopping centers to multi-tenant buildings to free-standing buildings. In addition, the salience of lease in such context cannot be overemphasized as disparate scenarios warrant new tactics and approaches. In this article, we explore some of the most common legal issues associated with commercial leasing of shopping centers as relating to landlords and tenants.... Read More

Commercial leases, understandably, are rather different from residential leases. While drafting commercial leases, counsel should consider points not necessarily deemed salient for drafting residential leases. Some of these points include but are not limited to option terms, definition and applicability of net leases, timing and effect of tenant's bankruptcy on lease termination and viability of tenant's date of possession clauses. Let us explore such points further.... Read More

Estoppel Certificates serve a salient purpose to landlords, lenders and potential buyers of commercial property. Let us explore the salience and legal effect of such Certificates to some extent and further educate ourselves about them.... Read More

Office leasing may be slowly and cautiously recovering. Nonetheless, such tepid recovery seems to be mostly concentrated in city downtowns while suburban office leasing is still experiencing severe occupancy problems. Let us further analyze the rationale for such disparate office leasing phenomenon and its pernicious effects on commercial investors and landlords.... Read More

There are some indications more office space is being leased. However, the figure could be misleading as more businesses are reducing the square footage leased per employee. In other words, businesses are adjusting themselves to a prolonged sluggish business environment for a foreseeable future.... Read More

Your definition of commercial real estate could determine whether you view this sector to be on life support or not. If your definition encompasses luxurious shopping malls or office parks, then commercial real estate is in real trouble. However, if your definition is less ambitious and much pragmatic you might be surprised to hear fast-food restaurants, convenience stores and gas stations ("Triple-Net Lease Properties") are faring much better in this economy.... Read More

This is interesting to know commercial real estate is not all in turmoil. Indeed, commercial real estate investors who followed very simple rules and did not aspire to become affluent over night are weathering the storm much more comfortably. Let us review some of the lessons learned.... Read More

Small businesses who have survived the "Great Recession" should take advantage of the down commercial real estate market and obtain relatively better office deals. ... Read More

If you need to sell your rental property and you might incur losses, this could be good news. In fact, you might be able to deduct the losses against any types of income, of course, with some caveats. Let's see how.... Read More

High unemployment and slowly recovering economy have contributed to more office vacancies and less willing landlords to decrease rents substantially. This is a paradox. Why is this happening?... Read More