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Commercial Lease Terms F to H

Disclosure: Content is general information only. Information is not provided as advice for a specific matter, nor does its publication create any relationship between the writer and the reader. Neither this website nor Forrest Blake is qualified, licensed or soliciting  to give commercial real estate broker, commercial real estate agent, Los Angeles tenant broker, commercial office space, legal or accounting advice on any subject. Please consult with your real estate broker, attorney or accountant regarding any of the concepts written on this website. This website, Forrest Blake or any of his affiliated companies will not be liable for any actions you take as a result of reading anything contained within.

Flex Space: A building that combines office, showroom and warehouse. Usually, no more than two stories and does not have common areas.

Gross Lease:  Base rent included NNN or operating expenses. Tenant is responsible for any increase in those expenses over the base year.

Gross Building Area: Established by measuring the outer surface of the exterior walls and windows and including all vertical penetrations and basement space.

Hold Over Tenant: A penalty paid by the tenant for retaining possession of the leased premises after the expiration of a lease.

HVAC:  Heating, Ventilating and Air-Conditioning.

Disclosure: Content is general information only. Information is not provided as advice for a specific matter, nor does its publication on this website create any relationship between the writer and the reader. Neither this website nor Forrest Blake is giving commercial real estate advise or soliciting if you are currently represented by another commercial real estate broker, or legal or accounting advice on any subject. Please consult with your real estate broker, attorney or accountant regarding any of the concepts written on this website. This website, Forrest Blake or any of his affiliated companies will not be liable for any actions you take as a result of reading anything contained within.

Copyright 2013 – Forrest Blake

Please contact me if you would like to use any tenant representation or expert commercial real estate information contained on the site. I promise to get  back to you within 24 hours if we don’t connect right away.

Forrest Blake
CA Real Estate License # 01054174
310-850-2381
fblake100@msn.com

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