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...
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,...
National Lease Advisors Surpasses $1 Million in Operating Expense Savings for Clients in 2023
National Lease Advisors, a leading provider of lease administration services, proudly announces surpassing the significant milestone of $1 million in savings for its clients during the year 2023.