Unveiling the Hidden Risks: Why Thorough Lease Review is Crucial for NNN Shopping Centers in Miami and South Florida
Introduction: Investing in a triple-net (NNN) shopping center can be an attractive proposition, offering a steady income stream and reduced management responsibilities. However, the devil is in the details, and for investors in Miami and the South Florida area, a meticulous review of all leases is paramount. Hidden clauses could turn what seems like a […]
Securing Your Investment: The Significance of Base Year Provisions in Gross Office Leases in Miami and South Florida
Investing in commercial real estate, particularly office spaces in Miami and South Florida, can be an advantageous venture. However, to safeguard your investment against escalating costs, having a base year provision in gross office leases is crucial. Let’s explore the importance of this provision and its impact on protecting commercial real estate investors in this […]