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Highlights Include:
When performing tenant improvements, ensure you fully understand and analyze your return on investment by amortizing costs over the length of the lease.
When doing tenant improvements, it is important to analyze which improvements are good for future tenants and which items will need to be replaced when the existing tenant moves out.
Expensive tenant improvements usually call for a longer lease or an option to buy for the tenant.
Century is currently negotiating many leases in space around Lincoln. Call Alan at 437-8303 to get your space sold or leased.
Tenant Improvements (TI’s) all come down to cost, length of the lease, flexible floor plans, and tenants that are credit worthy and can comply with the terms of the lease. Century Sales and Management can help you in considering all these variables to ensure you get a return on your investment. Below is a brief overview ...
Filed in:
Commercial Management,
Commercial Sales
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Highlights Include:
What paperwork and background checks are necessary to qualify a comnmercial tenant?
What credit information is the most significant?
What qualifications do you look for in a tenant?
What are other components of a lease that determine if a tenant is desirable?
Who makes the final decision on accepting a commercial tenant?
Full Article:
The most important decision a commercial property owner will make, second only to what property to purchase, is who to rent to. In this difficult economic time it is tempting to lower your standards as to whom you are willing to accept as a commercial tenant. This can be a HUGE MISTAKE! It is critical now to qualify potential clients using the strictest of standards. The risk of a tenant defaulting is greater during time of economic stress. The components of qualifying a client are fairly simple but it is important not to disregard ...
Filed in:
Commercial Management,
Commercial Sales
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Apr 1, 2009
Q & A on CAM Charges
By: David Watson
Highlights Include:
Each lease will vary on what CAM charges are passed through to a tenant
Depreciated items are typically not included in CAM charges
We recommend CAM charges to be paid by tenants monthly and reconciled by the landlord/management company annually
Q & A on CAM Charges
Real estate agents and landlords often refer to the term “CAM charges.” What does this term mean and how does it affect landlords and tenants? “CAM” charges refer to “Common Area Maintenance” charges. These charges are building operational charges that are usually shared by the various building tenants based on the amount of leased space that each tenant occupies.
What items are included in CAM charges?
CAM charges do not always cover the same things in every building. In a multi-tenant office building, CAM charges may include lawn care, snow removal, cleaning and maintenance of common hallways, lobby area, and common restrooms ...
Filed in:
Commercial Management,
Commercial Sales
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