Just good Plano fun

Thakkar Developers’ 36-acre Mustang Square project in West Plano inked this week a 70K SF lease with Fun Movie Grill, a movie theater concept that shows hit Hollywood and Bollywood films. Fun Movie Grill will offer Plano guests eight movie screens, dine-in services, bowling lanes, party halls, and virtual reality games when it opens next […]

The Holiday Burnout

  How to Keep Employee Morale High This Holiday Season As the holidays approach and Q4 comes to a close, the pressure of chaotic work obligations, deadlines, and family and holiday shopping can cause tensions to run high at the office. If you’d like to keep morale high this season, here are some great suggestions to bring […]

Big things in North Dallas

The Dallas North Tollway is home to Frisco’s $5B Mile and part of the Platinum Corridor — a stretch of development-rich highway that runs from Interstate 635 and the Galleria Dallas to Frisco.  The corridor contains some of DFW’s most enriching and inspirational developments, and, in the next 10 years, developers and city leaders working […]

Office Rent Structure

  As a follow-up to lease types, we’ll look further at Single and Multi-tenant Office buildings:   SINGLE TENANT OFFICE BUILDINGS Generally, single-tenant office buildings are leased on a triple net basis (NNN). This lease calls for the tenant to be responsible for all costs associated with occupancy. PROPORTIONATE SHARE: The tenant’s proportionate share of […]

Learn your lease (Part 4)

Absolute Triple Net Lease Also known as a bondable lease, the most extreme form of NNN Lease, in which the tenant is responsible for all property-related risks. Under an Absolute Triple Net Lease, the tenant is responsible for all of the expenses and repairs relating to the building including roof and structure and, in the case of casualty or […]

Learn your lease (Part 3)

In our third installment, we will look at the Double Net Lease: A double net lease is a lease agreement in which the tenant is responsible for both property taxes and premiums for insuring the building. Unlike a single net lease, which only requires the tenant to pay property taxes, a double net lease passes more expenses along […]

Learn your lease (Part 2)

  In our second informational post, we will look at the Single Net Lease:   What is a Single Net Lease A single net lease is a commercial real estate lease agreement in which the tenant agrees to pay property taxes in addition to rent. A single net lease is a form of pass through lease in which […]