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Commercial real estate is commonly divided into five categories: Office buildings – This category includes single-tenant properties, small professional office buildings, downtown skyscrapers, and everything in between.
Realty Income Corporation is a real estate investment trust that invests in free-standing, single-tenant commercial properties in the United States, the United Kingdom, and six other countries in Europe. These properties are subject to NNN Leases.
In commercial real estate leases in the United States, the tenant, rather than the landlord, is usually responsible for real estate taxes, maintenance, and insurance. In a "net lease", in addition to base rent, the tenant or lessee is responsible for paying some or all of the recoverable expenses related to real-estate ownership.
Recent indications from the Federal Reserve of fewer rate cuts next year have served as a reality check for commercial real estate. But the sector may finally regain momentum in 2025.
CapLease to Acquire Class A Office Building for $35.5 Million 2012 Acquisition Volume Grows to Over $140 Million NEW YORK--(BUSINESS WIRE)-- CapLease, Inc. (NYS: LSE) announced today that it has ...
A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).
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