National Lease Advisors Welcomes Its Newest Team Members, Bellamie Persky and Dylan Binney
At a recent gathering in San Diego, several members of National Lease Advisors had the opportunity to welcome new team members while participating in intensive training and fun team-building activities. The company is excited to welcome Bellamie Persky and Dylan Binney, who have recently joined the team.
Understanding a Base Year Lease Structure
Commercial real estate leases can be complex, and there are many terms and provisions that tenants need to understand to negotiate the best deal for their business. One of the common lease structures used in commercial real estate is the base year lease. In this...
How Tenants Can Protect Against Rising Uncontrollable Operating Expenses
In today’s commercial real estate market, tenants are increasingly facing a growing challenge: the rise of uncontrollable operating expenses. As a lease administration company, we process and analyze hundreds of invoices and operating expense reconciliations for...
Lease Administration: Real Examples of 2024 Client Savings (Part Two)
Click here for Part One of this article. Each year National Lease Advisors saves in excess of $2,000,000 for our lease administration clients. We take pride in achieving these savings and believe that looking for recoveries, big and small, is essential to adding value...
Lease Administration: Real Examples of 2024 Client Savings (Part One)
Each year National Lease Advisors saves in excess of $2,000,000 for our lease administration clients. We take pride in achieving these savings and believe that looking for recoveries, big and small, is essential to adding value to our clients and building trust. We...
Overview of Commercial Lease Security Deposits
As a lease administration company, we see many leases and many different security deposit structures. Below is an overview of security deposits, different factors that determine security deposit form and amount, and return of the security deposit at the end of the...
Reduction in Commercial Rent Sales Tax in Florida: What Tenants Should Know
In a move that is poised to benefit businesses across Florida, the state government has announced a significant reduction in the commercial rent sales tax, which will be lowered from the current rate of 4.5% to 2.0% starting June 2024. This change marks a substantial...
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,...