Triple nets on rise for commercial leases
Posted on
October 3, 2018
Landlords can control the lease rates they charge for commercial properties, but one thing they can’t control is the triple nets. And though commercial lease rates haven’t gone up significantly, triple nets have, meaning that while tenants are paying more for office, warehouse and retail space, their landlords aren’t generating more profits. In the case of a gross lease, the landlord takes...