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Event Details
No Mention of Money: Understanding the Economic Impact of "Nonfinancial" Lease Clauses
On Demand
Presented by Buildings and BOMA International

 

In this tough real estate market, and whether through audit or interpretation, tenants are looking for ways to lower their costs. Your best defense is making sure that you know what your leases say, and that you –and your tenant—comply with the terms.

 

Learning Objectives

 

This Webinar will cover these confusing clauses and complex leasing issues:

  • Rights of First Refusal (ROFR) and Rights of First Offer
  • Options to Expand, Contract, Terminate and Extend
  • Most Favored Tenant clause
  • Insurance & Indemnification
  • Who has the right to Audit and how?
  • Assignment & Subletting
  • What is included in Operating Expenses?
  • Lease Concerns for Office, Industrial, and Retail Tenants

 

For more info: webinars@stamats.com

 

Speakers

 

  Tom Gille, RPA has been involved in commercial real estate management, leasing and consulting for over thirty years. Since 2005 he has served as Chief Operating Officer of CAC Real Estate Management Co., Inc. and is responsible for the property operations, risk management and staff development and training for their 11 million square foot portfolio. Prior to CAC Tom was principal of REAL Systems where he spent 10 years working with management and service firms in the design and implementation of their strategic planning and performance improvement programs. His previous experience includes serving as Vice President of Asset Management for Catellus Development Corporation where his responsibilities included overseeing the property management and joint venture operations for the company’s entire portfolio. As a noted trainer, he has lectured on management, negotiations and operations internationally for various clients as well as industry organizations such as CCIM, CREW, IFMA, BOMA, IREM, ULI, NAIOP, and NAREIM. Tom is the author of numerous articles on property operations and performance improvement and is a licensed real estate broker. He has also held positions as president of the Bay Area chapter of the Institute of Real Estate Management, director of the San Francisco Association of Realtors, director of the Building Owners and Managers Institute International (BOMI), and president of BOMA San Francisco and BOMA California.
     
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