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Subject:
Lease Buyout Fees -- We are the last tenant left. How much is it worth?
Category: Business and Money Asked by: jackrev-ga List Price: $200.00 |
Posted:
22 Sep 2006 13:49 PDT
Expires: 22 Oct 2006 13:49 PDT Question ID: 767652 |
Looking for instances in which Landlords or Developers buy out current tenants from their lease. Specifically demolishing industrial sites (buying out the industrial tenants) and building retail centers. Size of tenants Size of the industiral center Size of the retail center being built Retail Anchor Tenants Value of buyout to former industrial tenants. Alternatively suggestions on calculating what a proper buyout fee should be would be suitable. | |
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There is no answer at this time. |
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Subject:
Re: Lease Buyout Fees -- We are the last tenant left. How much is it worth?
From: myoarin-ga on 17 Oct 2006 12:49 PDT |
I think that there are many variables: How long does the lease still run? What facility does the tenant have there (offices, production plant, ...) and the cost of relocating, perhaps also the value of maintaining the address or its convenience to employees, customers, suppliers, transportation? What does state law say about condemning a building with a tenant? How good are the tenant's nerves in the face of sub-legal activities to drive him out? (accidentally breaking water, power, gas, telephone lines while digging up up the access to the property, or the like; harassment of staff and customers) Is the development project something local government is supporting? What financial effects will sticking it out in a possibly disruptive situation have on operations? If you do check back, you will have discovered that the email notification system does not work. Check back again - and maybe complain the editors (see below) that the FAQ statement that you would receive email notification has been a great nuisance. Good luck. |
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