CAMCO Commercial Real Estate

Category: Blog

  • Lease Commencement Costs Explained

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    Aric
    in

    To begin talking about lease commencement costs, we have to first understand what lease commencement is.  This event marks the date the landlord’s and tenant’s obligations under the lease begin.  The lease commencement date is a specifically defined term, and can coincide with lease signing date, rent commencement date, and possession date, but in most…

  • Calculating Rent Per Square Foot

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    Aric
    in

    Did you know that in different parts of the US, they calculate rent per square foot differently then in New York?  In New York, and especially on Long Island, rent per square foot (labeled PSF or /SF) is calculated on an annual basis.  This is especially helpful so that you can compare two or more…

  • 3 Things You Don’t Know About Rent

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    Aric
    in

    Everyone knows that rent is the amount a tenant pays to a landlord for the use of a property or space.  What you probably don’t know is that landlords and real estate agents have all sorts of other tack-on terms to define what is included in those monthly payments and what isn’t.  Knowing what these…

  • Why Free Rent Isn’t Free

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    Aric
    in

    Last week I briefly referenced the concept of free rent so today let’s talk about why it isn’t free.  Free Rent is one clause that could impact the term of the lease. While we’re on the subject of lease clauses related to term, let’s also discuss below two other clauses you might see in a…

  • Longer Isn’t Always Better – Lease Term And You

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    Aric
    in

    I teased this topic in my last blog post, The 10 Questions You Should Ask Yourself Before Starting A Search For Rental Space, and promised to explain why when it comes to Lease Term, “longer isn’t always better”.  Now it’s time to make good on that so let’s dive into a discussion about Lease Term.…

  • The 13 Questions You Should Ask Yourself Before Starting A Search For Rental Space

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    by

    Aric
    in

    Most people looking to rent a space for their business start their search with two or three requirements in mind:  how much space they need, what location they want to be in, and how much they want to spend.  When we as commercial real estate agents engage with a client or customer for the first…