Esquire Property Management Group

OCTOBER 9, 2024

Commercial Lease Agreement Rules Have Changed Overview of Legislative Changes The implications of this law encompass foundational alterations in lease agreements, especially concerning rent adjustments, lease termination notice periods, and the stipulations regarding the pass-through of operating expenses, i.e., property taxes.

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Esquire Property Management Group

FEBRUARY 10, 2025

Owners and Property Managers Are Offering More Flexible Lease Terms Provide tailored leasing options to accommodate tenant and sub-lessee needs. Rent concessions (temporary discounts or rent-free months) Why It Works: Flexibility can attract smaller or cautious businesses seeking lower commitments in uncertain market conditions.

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Esquire Property Management Group

FEBRUARY 13, 2025

The vast majority of commercial real estate brokers will agree that a triple net lease is a real property lease in which the tenant is responsible for all expenditures, including the maintenance of common areas, taxes, property insurance, and utilities, in addition to the base rent.

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Esquire Property Management Group

DECEMBER 11, 2023

Managing tenant insurance is a crucial element in overseeing commercial real estate (CRE) from a landlord and commercial property management perspective. These policies include coverage for not only owned property but also leased or rented premises and contents.

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