Sentences with phrase «hold a long term lease»

One other option is for one party to hold the title, and the other to hold a long term lease, which could be up to 99 years, with an option to renew.

Not exact matches

Uber's leases will be held on the subsidiary's books during the pilot program, Chapin said, but that will change longer term.

Generally, they are sticking to the top 25 metros and in - fill locations that are likely to hold their value over the long - term, notes Randy Blankstein, president of The Boulder Group, a commercial real estate firm specializing in triple net lease investments.

Our founders, William and Joan Clark, started with a simple idea — to use the rent collected from commercial properties held under long - term leases to support monthly dividends to shareholders.

The MTA, which holds a long - term lease on the abandoned trolley terminal beneath Delancey Street, is ready to start meeting with city officials to discuss transferring the site so that an innovative park can be built there, according to elected officials and the project's founders.

Long - term lease commitments are typically seen in cases where the property is held by a related - party or affiliated corporate real estate holding subsidiary of the charter.

Mayor Bowser Holds Press Conference at DCB During this press conference, Mayor Bowser announces DCB has received a long - term lease for the current facility.

The Panoz group owns Road Atlanta in Braselton, Georgia, and holds a long - term lease to operate Sebring International Raceway in Sebring, Florida.

With nearly 250 commercial tenants generating annual revenue in excess of $ 1 billion, Realty Income Corp has cultivated the resources necessary to maintain the ideals of the company's founders — «to use the rent collected from commercial properties held under long - term leases to support monthly dividends to shareholders.»

This reflects the fact land is held on long term lease.

As part of the transaction, Protea Hospitality Holdings will create a property ownership company to retain ownership of the hotels it currently owns, entering into long - term management and lease agreements with Marriott for such hotels.

AAC holds a long - term lease with Arlington County to operate within the Maury School building.

The primer advises retail tenants to agree to longer - term leases — a measure landlords are sure to love — since staying in the same location both cuts the financial and environmental costs of new store build - outs and might make landlords more amenable to instituting energy efficiency features to hold on to longer - term tenants.

Trump and Nakahara later created a business partnership that sought to gain control of the lucrative long - term lease on the 102 - story property, held by a partnership managed by Malkin.

Generally, they are sticking to the top 25 metros and in - fill locations that are likely to hold their value over the long - term, notes Randy Blankstein, president of The Boulder Group, a commercial real estate firm specializing in triple net lease investments.

A long - term guest is not necessarily a bad thing, but they do need to be held accountable for the lease terms and conditions of your property and the only way to enforce this is to have them sign an addendum adding them to the lease.

The property's two tenants hold long - term leases, while an additional 8,000 sq. ft. of the space remains vacant.

The company, which says it has a simple strategy to buy and hold Class - A office and industrial properties with credit tenants on long - term leases, recently snapped up the nation's third largest office building.