New Phoenix client’s landlord changed management firms and the new management firm requested that the tenant sign a new comprehensive lease agreement. The tenant asked DeAngelis Legal to review the lease and provide comments. The lease had numerous unfavorable provisions to the tenant, including blurring the line between a modified gross and triple net lease, onerous relocation provisions and one-sided damage and condemnation provisions. DeAngelis Legal provided comments and suggestions to the tenant to reduce its exposure under the lease.
By Quinn DeAngelis|2024-09-18T20:00:40-07:00September 15th, 2024|Real Estate, Recent Projects, Business Services, Homepage|Comments Off on August 2024 Commercial Lease Review