renewal lease

renewal lease

The lease term after tenants exercise their renewal option. See renewal option for more in-depth treatment.

References in periodicals archive ?
The company's biggest deals include MSG's 325,000 renewal lease at 2 Penn Plaza and Amazon's 470,000 lease at 7 West 34th Street.
As an adviser in the property industry I urge landlords and tenants to look at the benefits of PACT as, arguably, the determination of all or some of the terms for a renewal lease are better dealt with by an independent expert rather than the Courts.
M2 EQUITYBITES-September 14, 2010-First Potomac Realty Trust signs renewal lease with Home Depot and new lease with The Tile Shop(C)2010 M2 COMMUNICATIONS http://www.
Office building owners struggling to retain their tenants in the weak economy are more likely to pay a full broker's commission on a renewal lease compared to a year ago, landlords said.
Often, clients ask us to start non-payment proceedings against tenants who reside in apartments subject to rent stabilization, or apartments that have been deregulated, after a lease has expired or a tenant has not returned a signed renewal lease offer.
announced that Omnicom Group has signed a renewal lease covering 64,111 s/f at 220 East 42nd Street, also known as the News Building.
Previously she was General Counsel to Martier, a high-end women's fashion boutique chain, where she negotiated commercial real estate leases, sales contracts, renewal lease agreements, and corporate organizational documents.
52 million square feet in SL Green's Manhattan portfolio of new and renewal leases in the Fourth Quarter, inclusive of a renewal lease with Viacom for substantially all of the office space located at 1515 Broadway.
2 million square feet of new and renewal lease transactions during 2014.
If they are rent regulated tenants, their last renewal lease could have been two years earlier and even if it's more, by the time they are subletting, that information could be nearly two years out of date.
BentleyForbes has signed 15 new and renewal lease agreements this year with tenants across multiple industry sectors.