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A building owner wants to be sure that improvements made by or for a tenant be of equal quality to the building itself. That’s because tenant improvements, upon completion, become a permanent part of the building. The goal is to establish building standards that will permit a suite of office space t...
Property managers who concentrate on tenant satisfaction, energy efficiency, cash management and investment analysis will increase the value of the owner’s investment.
Being a skillful manager also requires intelligent handling of the functions of buying and selling properties, rent collections, main...
A landlord’s standard lease usually contains a clause requiring a tenant to move to another space in a commercial building or shopping center. A new tenant that is negotiating for space in the building might be surprised to see the clause before signing the lease, wondering about the reasons for it.
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When an owner has an apartment property near the campus of a University and they mainly rent apartments for student housing, there are particular problems. The competitive situation dictates that leases be offered for one semester of nine and a half months. A twelve-month lease for students is virtu...
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