Tenant Resources

What Is a Letter of Intent (LOI) in a Commercial Lease? What Tenants Need to Know

Leasing a commercial space often comes with uncertainty. Before a tenant commits to a long-term lease, there are critical questions to resolve: How much will the space cost? What expenses are included? How long will the build-out take? What flexibility exists if business needs change?

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Why Commercial Landlords Review Tenant Financials

Many prospective commercial tenants in Washington, D.C., and Baltimore feel confused or even frustrated when commercial landlords request detailed business financials during the leasing process. From a tenant’s perspective, the request can feel intrusive, especially if the business is established ...

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Tenant Improvement & TI Allowance: A Guide for Commercial Tenants

Customizing a commercial space is rarely simple. Most businesses do not move into a space that is ready to use without changes. Walls may need to be moved, lighting upgraded, or systems modified to support daily operations.

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What Financial Information Can a Commercial Landlord Request? A Guide for Business Tenants

When preparing to lease commercial space, many business owners ask what financial documents a landlord can request during the application and approval process.

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Understanding How to Calculate Commercial Real Estate Value

Regarding cost allocation, commercial real estate is a complex landscape. There are many factors to consider, from lease terms within commercial leases to building classifications and even the different methods of measuring a cost per square meter. Whether you're a new business or a seasoned ...

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7 Questions to Ask When Searching for a Commercial Rental Space

While a commercial space can look great in photos and hit all your aesthetic requirements, digging a little deeper to ensure details such as financing and legal obligations are met is essential. You don't want to be two weeks into opening your new bar and realizing there are noise restrictions in ...

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How to Avoid Losing a Lease for Commercial Rental Space

Having your heart set on a commercial rental space and then missing out is not only a frustrating experience — it can also throw a serious glitch in the works regarding your planning, finances, and business momentum. Planning and preparation are excellent, but moving quickly on a great deal is ...

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Commercial Tenant Insurance: What Business Renters Need to Know

Renting commercial space for your business means taking on financial and legal responsibilities that come with certain risks. That risk is why commercial tenant insurance is so important. For business owners leasing office, retail, or warehouse space, protecting your property, your income, and your ...

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Rentable vs Usable Square Footage Space for Commercial Properties

Is a square foot really a square foot? When it comes to commercial real estate, there are different classifications for the space and area of your building, falling under the headings rentable vs. usable space. While it might not seem like much, knowing the difference between these figures is ...

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How Kenwood Supports Its Community as a Commercial Property Manager

It's easy to cast off property managers as detached or faceless mediators in real estate dealings driven only by profit. However, at Kenwood Management, we believe property management can be more than just collecting rent and number crunching. When it comes to commercial real estate, when our ...

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