This form is frequently used for freestanding buildings, such as outparcel developments or single-tenant "big box" sites. The precise items that are to be paid by the property owner receives the rent "net" after the expenses that are "passed through" to the tenants are usually prorated among the tenants based on the size (square footage) of the area occupied by each tenant. The term "Net Lease" is distinguished from the term "Gross Lease". In a net lease, the property owner receives the rent "net" after the expenses that are to be passed through to tenants are paid. In a gross lease, the tenant or lessee is responsible for all costs associated with repairs or replacement of the structural building elements of the property. Bondable lease Bondable leases are typically used in so-called "credit.

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Vindicator - Local real estate sales are off to a slow start in 2008. Real estate closings in January were down significantly in Mahoning, Trumbull and Columbiana counties, and so were the median sale prices. In Mahoning County, 99 sales were closed last month ... Read more...

Closings, prices take deep dive in Valley

Bloomberg - The potential for a fire-sale of the assets that would bring another round of charges has ``always been our greatest fear ... GIC Real Estate Agrees to Buy Westin Tokyo Hotel From Morgan Stanley FundRead more...

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