April 25, 2016

Many times we are asked by clients what is the difference between a LOI and a RFP and what do the acronyms mean? Generally speaking, both are documents used to negotiate the business terms of a transaction but the manner in which each are used should be strategically c...

March 24, 2015

 

One of the most commonly asked questions of Tenants is, “What does TI stand for?” TI is an acronym for Tenant Improvements, meaning the scope of work required to build out a vacant suite to meet a Tenant’s particular use. Often in office negotiations, a Landlord will...

January 16, 2015

What does FSG, Gross, MG & NNN mean on a lease rate?

FSG = Full Service Gross typically includes everything such as base rent, operating expenses (taxes, insurance, common area maintenance) janitorial service, and utilities, all bundled in one fixed rate. Landlord’s may...

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