Commercial Tenant Negotiations

Usually a tenant will accept a landlord’s letter of intent to lease space if the letter sets out the basic business terms (e.g., rent, term, deposit, etc.) and nothing more. However, this is a missed opportunity for the tenant. For most commercial tenants, they will...

Commercial Leases

Most commercial leases provide that the tenant will attorn to, or recognize, any purchaser of the property at a foreclosure sale as the new landlord. The provision usually states that the subordination will be automatically effective, but that the tenant will enter...

Commercial Lending Slow Down

Missouri Real estate experts and others around the country have predicted for some time that rising interest rates and more conservative lending practices would make property developers and investor financing more difficult to come by. Data released recently by the...