Sentences with phrase «in tenant build»

The first loan in 2007 was a bridge / rehab loan to finance the acquisition and $ 1 million in tenant build - outs.

Not exact matches

The unusually - worded rule has raised the ire of tenants renting in the building.

Big incentives in Perth's office leasing market are resulting in world - class, high - tech fit - outs for tenants willing to take the plunge and move buildings.

Under Assembly Bill 693, the program fully subsidizes solar panels on multifamily buildings that are located in disadvantaged areas, have a number of federally subsidized units, or where the majority of tenants earn less than 60 % of the area's average income.

The R + headquarters building in Reading has secured two tenants — Northgate and Central Working — for 26,310 sq ft.

For instance, in the 29 - storey Central Point towers, built three years ago, a handful of tenants finally moved in last fall, according to a property manager.

A turnkey arrangement, one of the most common options but the least preferable from a tenant's standpoint, puts the building manager in charge of the buildout.

Buildings like 7 World Trade Center and the new Goldman Sachs headquarters, along with the recent decision of Condé Nast to move about 5,000 employees to 1 World Trade Center as its anchor tenant in 2014, are ensuring there will be no ebb in the number of office workers walking the streets at lunch and after work hours, he said.

Part of that investment is spent, as always, in the form of a broker commission, but the rest goes to the lessee as free rent and tenant - improvement, or build - out, allowance.

In the most recent scandal, Kushner Companies has been accused of faking documents for about 34 of its New York City properties and low - balling the number of rent - controlled tenants in these buildings, according to the Associated PresIn the most recent scandal, Kushner Companies has been accused of faking documents for about 34 of its New York City properties and low - balling the number of rent - controlled tenants in these buildings, according to the Associated Presin these buildings, according to the Associated Press.

We have a new mail delivery person in my apartment building in NYC who decided to send an introductory letter to all the tenants in the building.

In shopping centers, tenants are metered individually; in office buildings, utility costs are apportioned by square footagIn shopping centers, tenants are metered individually; in office buildings, utility costs are apportioned by square footagin office buildings, utility costs are apportioned by square footage.

Office landlords in Midtown are under pressure to renovate and update their aging buildings to stay competitive for top tenants, the firm said.

He's renovated properties, built new apartments and is attracting corporate tenants — Twitter put its first Michigan office in one of Gilbert's buildings.

At 9 on a November morning, the building's other tenants are just trickling in as Reynolds begins a meeting in a small conference room overlooking the Charles River.

Tenant improvements In some areas, desperate landlords are offering huge concessions to attract new tenants, even building out their spaces for free.

Steckler was a great candidate for renting space at an executive suite or office business center — furnished buildings in which tenants share a common administrative staff, the use of conference rooms, and high - tech accoutrements (videoconferencing and high - speed Internet access).

The footage was in a building with only seven tenants, which the lessor obviously wanted to fill and show on the books as occupied.

Given the lack of rental buildings in the community you shouldn't have trouble finding a tenant.

I did everything from leasing properties, assisting in designing office buildings and tenant suites, hiring architects, contractors and working with attorneys and lenders.

Their seasoned perspective serves the company well in both evaluating risks and building relationships, a fundamental tenant of the insurance business.

Landlords who finance their buildings through a federally insured bank could be in legally murky water if they choose to rent to a cannabis tenant because the plant is still illegal under federal law.

«LOFT: Lab of Forward Thinking, a new initiative of Manulife's Investment Division, is already a tenant of an adjoining building in the MaRS Centre.»

MaRS has secured a strong pipeline of private sector tenants that will bring the building to over 90 % leased in the coming months.

I plan to have a tenant in the building by January at a rent of $ 2,000 / mo where it's at least cash flowing.

Tenants who used to be in those buildings were forced either up to class A, filling up those buildings, or to the suburbs,» she says.

Each space is built around one core idea, and it's meant to attract tenants who align with its single - minded purpose, creating a work environment where everyone in the building shares a common bond.

Insiders expect large blocks to hit the market in the coming months and years as tenants relocate to newly - constructed buildings.

We do large numbers of buildings in our portfolio with large numbers of tenants.

Its initial business model was to buy rundown rentals, renovate them, and attempt to get rent - regulated tenants to vacate their units in order to charge incoming tenants market rents, but it now builds ground - up development as well.

Basically, there's no difference between tenant improvements («TI,») «leasehold improvements,» and «build - out» in a commercial business lease.

They've become a top amenity in the real - estate business, one of the key lures for building owners seeking new corporate tenants.

One side note is important to consider here: sometimes building owners will give a restaurant with a strong brand below market rent to entice other tenants to lease space in their building.

Pfizer agreed in August to take 800,000 square feet and become the building's anchor tenant.

JPMorgan is currently the building's anchor tenant, but the bank plans to downsize the majority of its space in coming months, leaving about half the tower vacant.

Mr. Gilbert is the largest private property owner in downtown Detroit, and he said he would move his tenants to temporary locations to make room for Amazon so the company did not have to wait for new offices to be built.

Many people consider investing in real estate as a way to build a nest egg and have tenants help you pay the mortgage.

Katz mitigated his risk by ironically getting the City of Edmonton as one of the main tenants in one of the buildings.

With three new tenants, the Lion Brothers Building in the Hollins Market area is fully leased.

Broad spectrum of tenants, I'm 59 and not the oldest in the building.

(Money magazine)- Becoming a landlord has always been a well - worn path to millionaire status, with good reason: Not only does owning properties let you generate a second source of income, your tenants» checks will help you build equity in your investment.

In the case of business tenants who share a building with other firms, there is also a chance that your appeal could result in a counterclaim that increases taxes for all of the tenantIn the case of business tenants who share a building with other firms, there is also a chance that your appeal could result in a counterclaim that increases taxes for all of the tenantin a counterclaim that increases taxes for all of the tenants.

REALTORS ® bring together developers, landlords and tenants to build premises that are specific to the needs of the occupant, with the terms and conditions to either buy or lease negotiated in advance of construction.

With the company's 645,000 square feet in the building set to expire in 2018, the tenant signed an early lease extension on the 361,000 square feet it wanted to retain.

Whether you are a Tenant looking to relocate, an investor looking to acquire property, and owner looking to dispose of an asset or a developer looking to build our knowledgeable team has the experience to accelerate your success in the industrial property market.

The return of speculative construction in the warehouse market around Maryland and nationwide reflects surging demand for the big empty buildings that can be configured however a tenant likes.

In a letter warning Vantage of impending litigation, Mr. Cuomo's office contended that Vantage, which has bought more than 125 buildings in Queens, Harlem and other areas since 2006, had engaged in a «systemic pattern of harassment» to generate significant tenant turnoveIn a letter warning Vantage of impending litigation, Mr. Cuomo's office contended that Vantage, which has bought more than 125 buildings in Queens, Harlem and other areas since 2006, had engaged in a «systemic pattern of harassment» to generate significant tenant turnovein Queens, Harlem and other areas since 2006, had engaged in a «systemic pattern of harassment» to generate significant tenant turnovein a «systemic pattern of harassment» to generate significant tenant turnover.

The Charles E. Smith division of global real estate trust Vornado recently asked six world - class architectural firms to design and construct the «office of the future» as part of the unique Crystal City DesignLab project, which sought to re-envision six suites in a centrally located Arlington, Virginia office building in the Washington, D.C. office market and demonstrate how new design concepts can immediately benefit office tenants going forward.

«This asset received significant investor interest because of its excellent location, strong tenant base and the fact that it is one of the few larger floor plate buildings catering to the progressive tenants driving demand in this market,» says Bruce Miller, JLL's international director who co-heads the capital markets group in Chicago.

However, it's led by a management team with 35 years of experience in the industry, having built three previous triple net lease REITs (tenants pay all taxes, maintenance, and insurance costs) with a total of 9,100 properties.