If you live in an urban or suburban location, look around the next time you take a drive. There are commercial properties everywhere. Shopping centers. Office buildings. Stand-alone pharmacies. Warehouses. Malls. Banquet halls. Commercial properties come in all shapes and sizes. Despite the uptick in e-commerce, and despite the ongoing revolution in the commercial marketplace caused by companies like Amazon, there always will be commercial buildings scattered throughout peoples’ communities. Moreover, the owners of those buildings will always be looking to maximize the returns from their assets.
At the most fundamental level, building owners lease “space” to tenants in exchange for rent payments. When people think about rentable space in a commercial property, they immediately tend to think of an indoor unit of some kind. In addition to renting these traditional spaces, many building owners have become more creative in order to maximize the returns from their assets. When appropriate, some building owners charge rent for tenants to place additional signage at a building. Other building owners charge additional rent for prime parking spaces.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]