In office, industrial, or retail commercial lease agreements renewal options commonly exist to protect the tenants’ right to occupy a space beyond an initial lease term. Commercial real estate brokers typically overlook the importance of heavily negotiating these renewal clauses due to the rarity of use. Like insurance, you need to have it, and you…
Rail-Served Industrial Sites: Challenges and Solutions In the modern, increasingly interconnected world, effective transportation infrastructure is essential for facilitating the flow of products and promoting economic development. With their wide networks, railroads continue to be a crucial link in the world’s supply chain. Industrial sites that are served by rail and have rail spurs…
Redevelopment Impact on Industrial Outdoor Storage (IOS) Sites The landscape of industrial outdoor storage sites has undergone significant changes over the last 5 years, most profoundly in the last 24 months due to high occupancy across the real estate vertical and the loss of inventory due to the redevelopment of aged industrial sites, with a…