Has the business cycle run its course, or does it have legs for a few more years? Has the stock market peaked again? What about commercial Real Estate?  Is it different this time?  What might derail the market this time?  Is it the shift of private debt to national debt?  Will it be the raising of interest rates...Read More

Most every commercial lease contains a provision requiring both the tenant and the landlord to buy insurance.  Typically, several forms of insurance are required, including Commercial General Liability, Physical Damage, Workers Compensation, and Business Interruption (rental loss for landlords). The most often negotiated components of the insurance provision regards the actual limits of liability and the amount of the...Read More

While my inner punk rocker smiles at the term, the Damage and Destruction clause in any office lease is no laughing matter.  Although seldom used, it can be the most serious provision in a lease if a major destructive event (Fire, Flood, Earthquake, etc.) affects the occupancy of a building. While many tenants have never had...Read More

If you had a brain tumor, would you see a general practitioner or an orthopedic surgeon?  Of course you would not!  You would see a neuro-oncologist. The same goes for brokerage, you need a specialist.  Many people are unaware of the value in hiring a Tenant Representative specialist when leasing space, and, in particular, when...Read More

What happens at the end of a commercial lease when the tenant cannot move out in time?  Clearly there are huge differences compared with a residential lease where the tenant can have very beneficial rights by statute.  On the flip side, most commercial leases contain a provision entitled “Holding Over” to address a tenant overstaying its lease term....Read More