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Understanding a Base Year Lease Structure

Understanding a Base Year Lease Structure

by NLA Team | Aug 13, 2024 | Lease Audit Services, Leasing Tips, Blog, Lease Administration

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...

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The Rise of Uncontrollable Operating Expenses. What Tenants Can Do To Protect Themselves

The Rise of Uncontrollable Operating Expenses. What Tenants Can Do To Protect Themselves

by NLA Team | Jul 10, 2024 | Lease Audit Services, Blog, Lease Administration

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...

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Lease Administration: Real Examples of 2024 Client Savings (Part Two)

Lease Administration: Real Examples of 2024 Client Savings (Part Two)

by NLA Team | Jun 4, 2024 | Lease Administration, News, Blog

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...

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Lease Administration: Real Examples of 2024 Client Savings (Part One)

Lease Administration: Real Examples of 2024 Client Savings (Part One)

by NLA Team | May 21, 2024 | News, Blog, Lease Administration

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...

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Overview of Different Operating Expense Structures

Overview of Different Operating Expense Structures

by NLA Team | Apr 1, 2024 | Leasing Tips, Blog, Lease Administration, Lease Audit Services

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,...

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