The reality for most businesses when they are setting terms for a commercial property lease is that there is a bit of hit & miss about planning.

Generally, property managers put together a guesstimate about a business’ needs regarding property over 3, 6 or 12 years, which are the sort of timeframes on offer for property leases.

Many make a bit of a real estate bet (more…)

The phrase “green shoots” has really taken hold as optimism about an economic recovery increases. It’s a great turn of phrase that has captured the imagination and there are definitely signs of recovery in some quarters. But I believe we still a need a few seasons before (more…)

You’ve heard the phrase “stating the obvious”. But when it comes to lease agreements it is interesting to consider how often we haven’t done just that; state the obvious.

The reason I mention this is that ambiguity in lease documents is the greatest cause of disputes between tenant and landlord. And sometimes (more…)

All is not what it seems to prospective tenants signing an agreement to lease space of a certain size and measurement in a commercial building.

There are a few tricks that some unscrupulous landlords play when it comes to measuring the space you lease, and if it is to their advantage – which it most often is – they can resort to pulling the wool over your eyes.

And before I start getting hate mail, I do emphasise SOME unscrupulous landlords, not all.

The trick can work two ways. The first is (more…)

Desperation is biting in the commercial real estate industry.

There are very few commercial tenants looking for space right now, and many agents that specialise in commercial leases are consequently struggling.

With tough times come dirty tricks.

One ploy that is on the rise is where a (more…)