2023 Future of Work Report
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From Strategy to Execution
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Some trade areas have relatively consistent patterns of commerce activity year-round. Others fluctuate with annual events and seasonal demand. In popular tourist destinations, a trade area’s...
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Your real estate portfolio represents one of your organization’s biggest operating expenses. And if you’re not careful, you could wind up paying a lot more than you have to. Lease audits are a...
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Blog Post
Common area maintenance (CAM) is what tenants pay a landlord to maintain shared spaces, such as lobbies, cafeterias, and restrooms. While every lease establishes the unique parameters for these...
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Empty store fronts or an incorrect tenant mix hamper a retailer’s ability to maximize their investments. Retailers who want to attract new customers to increase
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Completing a CAM audit ensures your landlord is billing you correctly for common area maintenance. Don't leave CAM reconciliation money on the table.
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Deferred rent is the outcome of making a lease payment that is less than its recognized expense on your financial statements. It typically results from free or reduced-rate rent periods, often...
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Leasehold improvements are modifications to the interior of a leased building to make it more useful or desirable to the tenant. They are sometimes also referred to as build outs or tenant...
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Percentage rent is a rent in which a commercial tenant pays rent based on a percentage of their gross sales, either in addition to or instead of a minimum base rent. It’s a standard lease payment...
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Embedded leases are an important component for accounting compliance. For some organizations, this is the greatest source of failure to comply with the new lease accounting standard leading to...
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A lease abstract is a concise summary and analysis of a lease agreement, providing the key provisions from lease documents in an easy-to-understand format. Lease documents tend to be extremely...
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