Tim Hackett answers: What is hold over rent in a commercial lease?
Hold over rent is when a tenant stays in their space after their lease expiration date. The landlord charges a premium for the tenant to stay in that space not…
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Hold over rent is when a tenant stays in their space after their lease expiration date. The landlord charges a premium for the tenant to stay in that space not…
Berger Commercial Realty Senior Vice President Judy Dolan recently represented Ultimate Fitness, LLC in subleasing 12,990 square feet of office space to Gacovino, Lake & Associates, PC at Harbor Shops,…
Due diligence period usually refers to the time after signing a contract that the buyer has to inspect the property and make a decision whether they want to buy the…
The tenants of a property pay for the property taxes at a commercial space. In general, they pay their proportionate share, which would be their percentage that they occupy the…
Berger Commercial Realty was recently awarded the exclusive sales listing for a portfolio of six properties in Tamarac totaling 234,935 square-feet of space. Senior Vice Presidents St. George…
TCN worldwide is an affiliation of top real estate offices in 58 markets nationally and internationally, comprising 800 professionals. We joined TCN to further the services we can provide to…
Berger Commercial Realty brokers recently secured 23,537 square feet in lease transactions on behalf of landlords across Broward County. Cypress Creek Business Park Senior Vice President Joe Byrnes and Senior…
A Phase 2 environmental site assessment is performed when the Phase 1 identifies recognized environmental conditions and/or recommends further investigation.
Usable square feet is a specific area that the tenant occupies in order to run its business. The rentable square feet means usable square feet plus their pro-rata share of…
A phase 1 is an environmental site assessment that identifies potential or existing environmental contamination liabilities.