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A commercial leasing agreement is also called a commercial property, commercial real estate, business, industrial, and office space lease. [1] The individual in ownership of the property to be rented is called the lessor or landlord. [2] The lessee or tenant uses and rents the property owned by the lessor and provides them with monetary ...
Commercial buildings are buildings that are used for commercial purposes, and include office buildings, warehouses, and retail buildings (e.g. convenience stores, 'big box' stores, and shopping malls). In urban locations, a commercial building may combine functions, such as offices on levels 2–10, with retail on floor 1. When space allocated ...
The transaction was the commercial real estate firm's first in the Houston market since 2014, highlighting the firm's optimism of the CBD. Shortly after the acquisition, it was announced that national CPA and advisory firm Weaver and Tidwell, L.L.P. had signed a lease to occupy 60,000 SF in the office building as its new Houston headquarters.
A serviced office broker will commonly help business center owners and facility management companies to rent serviced office space. Companies offering serviced offices are generally able to offer more flexible rental terms, as opposed to a conventional leased office which may require furnishing, equipment, and more restrictive leases.
An office building, also known as an office block or business center, is a form of commercial building which contains spaces mainly designed to be used for offices. The primary purpose of an office building is to provide a workplace and working environment primarily for administrative and managerial workers.
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 ...
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