Selecting, negotiating, and moving into new office space is a major business decision. This book gives commercial tenants the information they need to make intelligent choices in the complex and jargon-filled world of commercial real estate. The authors reveal common pitfalls that prospective tenants should avoid, describe how to evaluate building and space suitability, and discuss the 10 major mistakes most often made by tenants in the negotiation of office leases. Chapters cover equity leases, office condomoniums, insuring the premises, escalation clauses and pass-throughs, environmental psychology and the modern office, legal issues involved in tenant telecommunications services, and much more.a guide for managers, architects, engineers, attorneys, and real estate professionals Alan D. Sugarman, Robert Frank ... where ER is the effective rent per year is the number of years of the lease N RN is the base rent payable in the nth year of ... Thus in comparing leases of different lengths one must estimate future rental rates and use these estimates in the formulation. NEGOTIATIONS Letter of Intent If there is going to be a deal, find out early by drafting a letter of intent or deal memoanbsp;...
|Title||:||The Commercial real estate tenant's handbook|
|Author||:||Alan D. Sugarman, Robert Frank Cushman, Andrew D. Lipman|
|Publisher||:||John Wiley & Sons Inc - 1987-11-11|