by David Hunt | Apr 13, 2022 | Blog
What is a fair rent increase in a commercial lease? My firm is negotiating a lease on an industrial building, and the landlord is asking for a 4% escalation every year. Is there a standard rent increase for industrial leases? There are no standard or published lease...
by David Hunt | Mar 11, 2022 | Blog
Q: We want to purchase an industrial building to house our growing import and distribution business. I have heard that the three most important criteria in selecting real estate are “location, location, and location.” What other criteria would you suggest? In...
by David Hunt | Feb 15, 2022 | Blog
Q: We are selling an industrial building and have multiple offers that are very close. Besides price, how else would you evaluate the offers in making a final decision? A: This has been a common occurrence on Long Island in the last few years (and...
by David Hunt | Feb 15, 2022 | Seller/Landlord