Leasing — CRE Explained
How commercial leases are structured, quoted and reconciled.
- Triple Net (NNN) Leases Explained
What a tenant actually pays under NNN, how it differs from gross and modified gross, and why the quoted rate alone tells you almost nothing. - Rentable vs Usable Square Feet and the Load Factor
You pay rent on rentable area but you occupy usable area. The gap between them is the load factor, and it is negotiable more often than tenants realise. - TI Allowances, Free Rent and Net Effective Rent
Concessions are how landlords cut the real price without cutting the headline rate. Net effective rent is the only figure that reconciles them.