Overview of Different Operating Expense Structures
In a commercial real estate lease, the operating expense structure outlines the costs associated with operating and maintaining the property. These expenses can include property taxes, insurance, maintenance, repairs, and utilities. Depending on the lease agreement,...
Recent Law Firm Lease Audit Recovery Highlights
In the complex world of lease management, operating expenses represent a significant portion of a law firm’s real estate budget. Given their impact on a firm’s financial health, the review of operating expense statements through a lease audit becomes not...
Commercial Lease Estoppels 101
As a commercial tenant, the start of a new year often brings with it the operating expense reconciliation statement for the previous year. The 2023 reconciliation is a critical document that reflects the actual expenses incurred by the landlord in operating and...
National Lease Advisors Expands Leadership Team with the Addition of J.P. Huntington
NLA establishes an office in Dallas-Fort Worth and adds Darlene Gonzaga, an experienced lease administrator.