Скачать или смотреть Adjustment to 95% Occupancy - The One Minute Lease Clause

Adjustment to 95% Occupancy - Many tenants are confused about the idea to adjust operating expenses up to reflect their building being 95% occupied even if the occupied portion of their building is less than this 95% threshold. While not the only reason, this is done to prevent an unexpected spike in operating expense costs to the tenant when the building does become fully occupied (or close to it) and variable operating expenses naturally increase due to the higher occupancy rate. As a tenant, make sure this adjustment is applied to your base year to avoid large spikes in your operating expenses throughout the term of your lease. Learn more during today's One Minute Lease Clause with Walt Batansky of the Avocat Group.

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Walt Batansky is the Chief Financial Officer and a co-founder of Avocat Group. In addition to oversight of financial reporting, he is responsible for managing client metrics and benchmarking, due diligence, and determination of restructuring costs for client M&A activity.

Walt is considered one of world’s leading experts in corporate real estate strategy, is author of over 100 articles and white papers on workplace best practices, is a regular keynote speaker for groups such as the Florida Institute of Chief Financial Officers and SIOR, and has been featured in regional and national publications such as CFO Magazine, U.S. News & World Report, National Real Estate Investor, and various Business Journals. He has devoted over 38 years of his career to the study of how real estate is utilized by corporate and business space users both across North America and globally. His experience includes providing in-depth analysis for a myriad of the Fortune 500 as well as public and private firms of all sizes in fixed asset consulting, development, leasehold and fee acquisition, and disposition. Clients include McKesson, Radio Disney, United Parcel Service, Transamerica, Emerson Electric, Aetna, CoreStates Financial, Sprint, Philips North America, Spalding Sports Worldwide, NYNEX, PSS World Medical, Evenflo Baby Products, Kforce, Inter-tel, and more.

Contact Walt at [email protected] or visit www.avocatgroup.com for more information