How to Negotiate Rent Escalations in a Commercial Lease

Base rent at lease signing is only part of the financial picture in a multi-year commercial lease. Rent escalation clauses — the mechanism by which rent increases over the lease term — can significantly affect the total cost of a lease, and small differences in...

Triple Net (NNN) Leases Explained

Triple net — often written as “NNN” — is one of the most common commercial lease structures, particularly in retail and single-tenant properties. Understanding exactly what “net” means in this context is essential, since it fundamentally...