A commercial lease is a legally binding agreement made between a landlord and a business tenant. While agreements may be negotiated by reps on the landlord or tenant side (or both), ultimately, it is the owner/landlord who signs as the lessee, and the tenant who signs as the lessor. A lease agreement essentially grants a…
The term “commercial real estate development” typically refers to the ground-up construction of commercial investment properties leased out to third parties. Commercial real estate includes office buildings, retail centers, industrial facilities, and other commercially oriented properties. Multifamily apartment buildings and condo projects also fall within the scope of commercial real estate development. Commercial real estate…