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The tech giant, based in California, signed a lease for a 1.1 million-square-foot warehouse in west Fort Worth — the country's fourth-largest metropolitan area. Records show the property ...
Common area maintenance charges (CAM) are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property
Commercial property includes office buildings, medical centers, hotels, malls, retail stores, multifamily housing buildings, farm land, warehouses, and garages. In many U.S. states, residential property containing more than a certain number of units qualifies as commercial property for borrowing and tax purposes.
Warehouse in South Jersey, a U.S. East Coast epicenter for logistics and warehouse construction, [1] outside Philadelphia, where trucks deliver slabs of granite. A warehouse is a building for storing goods. [2] [3] Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc.
Another variation of the NNN lease is the NN lease, or "Net-Net" lease, which is pronounced "double net" where the "net" amounts generally are property tax and insurance. [1] Double net leases, like triple net leases, are usually, though not always, single-tenant arrangements. However, the landlord carries some extra financial maintenance ...
Rexford is an industrial REIT, which means that it owns things like warehouses that it leases out to tenants. What sets the company apart from the pack, however, is that it is entirely focused in ...
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