Category

Leasing 101
If you have been reading my blogs you know that I often offer my thoughts on the ins and outs of important lease clauses. Subleasing, Transfer and Assignment rights are typically handled in the same clause and are very important to the flexibility of any lease.  Multiple concepts are covered in the Sublease & Assignment...
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One of the most under-negotiated clauses in leases is the paragraph dealing with Use.  In general, when a landlord prepares a lease it limits the use as much as possible (i.e. “Legal Offices” or “Italian Restaurant”).  However, tenants should always try to negotiate the broadest use clause possible.  The reason for this is that business...
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I get asked a lot of questions about real estate, but one question never stops coming.  It is asked by my clients, tenants I meet with, and other brokers in my office, “Should I get an allowance and build out my own space or should I just have the landlord build it?”  It is a...
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I met with a client today who’s business has continually expanded over the last 10 years.  They have been smart and deliberate about planning for expansion.  Each time they have leased space and/or expanded they have been able to negotiate (in order of preference) a Right of First Offer (ROFO), Right of First Refusal (ROFR)...
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California adopted Proposition 13 in 1978. The initiative was politically charged and was called the Peoples Initiative to Limit Property Taxes.  It limited the amount of the property tax percentage that could be assessed as well as the amount property taxes (2% per year).  It is a subject that a book could be written about as it...
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California adopted Proposition 13 in 1978. The initiative was politically charged and was called the Peoples Initiative to Limit Property Taxes.  It limited the amount of the property tax percentage that could be assessed as well as the amount property taxes (2% per year).  It is a subject that a book could be written about as it...
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I can hear it already, “John, really?  Couldn’t you have picked a really tantalizing subject, instead of Operating Expenses and Tax Pass throughs for your first blog?”  I know, it seems mundane, but the fact is that reading this will SAVE you MONEY! Multiple terms are negotiated in a lease that affect cost, but rent...
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About Exis Global

Exis is a global commercial real estate organization committed exclusively to representing tenants and end users. Founded by 16 of the world’s most respected, independent brokerage firms, we do one thing every day: Save tenants money on their real estate.