At NLA, we do not think the pandemic is an excuse to lose control of expenses. Property managers owe it to their tenants to control the year-over-year costs.
Tips we have come up with to ensure your next amendment helps provide the clarity and protections a tenant needs.
With companies looking for ways to control costs and save money, many are turning to their commercial real estate obligations. While looking for ways to re-negotiate or exit unneeded space is the first thing that comes to mind, many companies are missing an opportunity to utilize lease administration to save money by better managing one of the largest expenses on their financial statements.