Why would a tenant’s operating expense bill be 10 times higher than expected just 2 years after occupying new space? Many real estate professionals will tell you that 80-90% of all corporate leases suffer from deficiencies; the question is–can you identify and remedy them? We’d like to arm you with some information to help navigate these waters and avoid some of the more dangerous issues. This LeaseTip addresses the dilemma a tenant that moves into an empty building can face.
Tags: building occupancy, CAM, Commercial Real Estate Investment Magazine, Common Area Maintenance, empty building, Gross Up, Grossing Up, Lease Accounting, Lease Audit, Lou Ferro, Marc Betesh, Operating Expenses, Pass-throughs, Strategies, vacancy, visual lease
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