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Overview Of Different Operating Expense Structures

Overview Of Different Operating Expense Structures

by NLA Team | Apr 1, 2024 | Lease Administration, Blog, Leasing Tips, 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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Recent Law Firm Lease Audit Recovery Highlights

Recent Law Firm Lease Audit Recovery Highlights

by NLA Team | Mar 1, 2024 | Lease Audit Services

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...

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Navigating the 2023 Reconciliation: A Guide for Commercial Tenants

Navigating the 2023 Reconciliation: A Guide for Commercial Tenants

by NLA Team | Jan 23, 2024 | Lease Administration, Blog, Lease Audit Services

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...

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National Lease Advisors Surpasses $1 Million in Operating Expense Savings for Clients in 2023

National Lease Advisors Surpasses $1 Million in Operating Expense Savings for Clients in 2023

by NLA Team | Aug 1, 2023 | News, Blog, Lease Audit Services

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.

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Leasing Tips: It’s Time for 2023…Base Years

Leasing Tips: It’s Time for 2023…Base Years

by NLA Team | Aug 29, 2022 | Leasing Tips

As we enter the final stretch of 2022, we want to remind tenants and their brokers to push for a 2023 Base Year on new leases and extensions. As lease administrators and tenant advocates, it can be frustrating to see a client commit to a new or extended term that...

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