Sentences with phrase «at lease renewal»

Landlords need a solid communication plan and have the facts when raising rent at lease renewal.

Renters in that age bracket also deal with rent spikes and find themselves with few options at lease renewal time.

Generally, with minimal notice, at lease renewal or without a lease, your rent can be increased to whatever the landlord thinks someone will pay for the apartment.

It's becoming more common for landlords and property managers to expect to see proof of your renters insurance coverage before letting you move in, at lease renewal, and at other times as well.

New York being New York, there are often only limited changes that a landlord may force on you at lease renewal.

It's becoming more common for landlords and property managers to expect to see proof of your renters insurance coverage before letting you move in, at lease renewal, and at other times as well.

Today, 80 % of our lease contracts with tenants are two - year lease with rent escalators in the 2nd - year where possible and we are already having great success at lease renewals.

Not exact matches

FRANKLIN PARK, ILL. — Freight shipping and trucking company K2 Express has signed a 91,859 - square - foot industrial lease renewal and expansion at 10800 - 10900 Belmont Ave. in Franklin Park.

Every time a lease is due for renewal or a franchise agreement is set to expire, it's always a great time to look at your portfolio and see if it makes sense to keep it, close it or remodel it.

The renewal is to be offered several months in advance of the expiration of the existing lease and at the rates set by the Rent Guidelines Board.

Another red flag: they recently were unable to negotiate a lease renewal at a very prosperous mall in my hometown.

It also prevents you from having to take copies of the policy down to the leasing office at every renewal, or to provide them with a reinstatement notice or similar document.

From 2007 - 2015, National Retail renewed 86 % of its leases, and 58 % of renewals were at rates about the prior rent (14 % were at the prior rent, and 28 % were below the prior rent).

If a lease ends, and the agreement does not speak to what happens at the end of the lease term, there is no automatic renewal.

Any time a lease is signed or the terms of the lease change, such as the dates changing at renewal, other changes can be made to the lease as well.

I was able to negotiate a lease renewal at the same rate this way (in a large complex in Sacramento, CA).

At the end of 2016, the building was approximately 90 % leased, with renewal rents about $ 60 - 75 higher than the previous year.

Claims concerning contested commercial lease renewals including seeking significant changes to a lease that prevented planning applications at a tourist venue which prevented old dilapidated outbuildings with new modern structures;

If a lease ends, and the agreement does not speak to what happens at the end of the lease term, there is no automatic renewal.

Those details can, of course, be changed at renewal because you'll be signing a new lease for another fixed term.

Any time a lease is signed or the terms of the lease change, such as the dates changing at renewal, other changes can be made to the lease as well.

Forbes looks at the decision - making process of apartment renters facing a lease renewal.

Survey respondents estimated that lease renewal probability at power centers in the current environment would be approximately 66.1 percent, below lease renewal probability for regional malls (69.1 percent) and neighborhood / community centers (67.5 percent).

Schaumburg also was the site of two of the second quarter's largest lease transactions: a 223,000 sq. ft. renewal by GE Financial Assurance Partnership Marketing Group at Woodfield Corporate Center; and a 250,000 sq. ft. new tenant signing at Phase II of Windy Point by Zurich Kemper Life.

The fashion designer signed a 10 - year lease renewal at 550 7th Avenue in Manhattan...

In addition to the sizeable San Francisco lease, McGranahan, Anderson and Executive Director Chris Strain from the Cushman & Wakefield Sacramento office represented Delta Dental in a 156,080 - sf lease renewal at 11125 and 11155 International Drive in Rancho Cordova in Sacramento County.

Cushman & Wakefield Vice Chairman & Managing Broker Mark McGranahan and Senior Director Mark Anderson represented Delta Dental in a 188,546 - sf lease renewal for the company's headquarters at 100 First Street in San Francisco.

I inherited one tenant who is currently at $ 625 / month, I plan to increase that significantly when her lease is up for renewal in July.

The largest renewal signed during the first half of the year was a 97,481 - square - foot lease by ELM Global Logistics, a third - party logistics partner known for providing inventory control to the most complex of logistics operations, at 2002 Orville Drive North in Bohemia, NY.Rich Cohen of Ashlind Properties represented ELM Global in direct negotiations with Rechler Equity Partners.

Which commercial real estate sectors may be affected most by lessees who want to restructure their lease agreements at renewal time because of the new standard?

Sante» Partners of Salem, Ore., entered into a 15 - year lease agreement including two 10 - year renewal options at a 7.8 percent lease rate plus annual fixed escalators.

In addition, Lockheed Martin, a global security and aerospace company, signed a 13 - month lease renewal for 161,359 square feet in the property's South Building, located at 2245 Monroe St. Lockheed Martin remains the sole occupant of the 100 percent leased South Building.

«Get the renewal at least a year before the lease expires, especially before tenants are approached by a broker wanting to represent them.

The court first stated that it was irrelevant that the Tenant had not received a Section 8 voucher at the beginning of her tenancy; instead, all that mattered was that the Section 8 Agreement had been a term in her prior lease and so was now a required part of her lease renewal.

I gave them 2 options for lease renewal: 1, they could renew their lease for a year at the same rent, or 2, they could go month to month for an increase in rent.

For example: «Because property taxes, maintenance costs and insurance costs increase every year the monthly rental rate will increase at 3 % upon renewal or extension of the lease.»

Upon renewal or in any lease extension add an increase of a percentage and add amend the agreement at that time (if it wasn't done in the original) that at every lease extension or renewal rent will increase by a set percentage.

Signature Realty, Inc. v. Tallman (303 A.D. 2d 925)-- if there is any doubt or uncertainty as to the meaning of the disputed language in a brokerage agreement, all ambiguity must be resolved against the broker who prepared it; brokerage agreement was, as a matter of law, ambiguous with respect to the issue of whether broker would earn commissions when tenant exercised an option to renew the lease and therefore broker is not entitled to commissions on rental payments during any renewal term of the lease; broker not entitled to restitution in quasi-contract because there exists a valid and enforceable written contract governing the particular subject matter in dispute; dissenting opinion finds that the brokerage agreement is clear with respect to commissions earned and payable and that tenant was obligated to pay a commission to broker at the time the rental payment was due and owing to landlord, including during renewal terms of the lease.

Cushman & Wakefield v. Northeastern Industrial Park (246 A.D. 2d 303)-- owner is liable for brokerage commission stipulated in commission agreement notwithstanding that it is not a party to either the renewal lease procured by broker or the prior lease, where owner identified itself in the commission agreement as the landlord of the premises, and, throughout the lease negotiations and continuing even after broker first demanded its commission, consistently held itself out as one in the same as the company identified in the lease as the landlord; commission agreement clearly requires payment of the full term commission at the commencement of the lease should the lease, as it does, require the tenant, should elect to cancel, to reimburse the landlord for the portion of the commission attributable to the cancelled term.

At 280 Park Avenue we added Antares Capital for 60,000 square feet in the fourth quarter and just signed a renewal expansion lease for 40,000 square feet with Wells Fargo and a new lease with Orix USA Corporation for 20,000 square feet, both in the first quarter of 2017 bringing the building to 97 plus percent occupancy.

Open Door Packaging, Inc. has signed a long - term lease renewal for its 125,000 - square - foot warehouse distribution and office facility at 6911 Bickmore Avenue in Chino, California.

Here at Rentalutions, lease renewals are incredibly easy.

In New York, for instance, the Rent Stabilization Code provides «a lease renewal window of not earlier than 150 days out and no less than 90 days out» according to Teri Karush Rogers at Brick Underground.

Local franchise owners and small businesses in the midst of any sort of lease renewal will no doubt look at what's available in the immediate vicinity of the 63,000 - seat testament to professional sports largesse.

I'm not offering lease renewals at this time.

Every month, look at which renters» leases are coming up for renewal soon.

- ft., 15 - year lease renewal puts PSEG at the property through 2030.

NEW YORK — Havas Worldwide Health has signed a long - term lease renewal and expansion at 200 Madison Avenue.

NEW JERSEY — Aon Hewitt has signed a 10 - year lease renewal to occupy 50,000 sq. ft. of space at Somerset Corporate Center I in Bridgewater.

- ft., 15 - year lease renewal puts PSEG at...