Sentences with phrase «current lease expirations»
For the purposes of calculating NOI, the vacancy factor can be calculated based on current lease expirations as well as market driven figures using comparable property vacancies.
https://www.financialsamurai.com/ Not exact matches
Two years ago, when the current lease was nearing expiration, the Water Reclamation District suggested that the Harbor Association work with Park District officials on a joint agreement, so they could rely on a provision in state statute that allows a governmental entity to bypass a required public bidding process to negotiate a lease with another taxing body.
If it was a 6 month lease or year lease that they were currently in, I would obviously just ask them to sign my lease at the expiration of the current one but for month to month I am not so sure.
One should also focus on the commencement and expiration dates on current tenants leases when acquiring retail commercial property.
Depending on the size of your organization and current market conditions, you should begin this process 18 to 24 months prior to your lease expiration.