Overview
We custom-tailored the lease provision regarding a landlord’s and tenant’s maintenance obligations as they related to the roof and HVAC. The provision enabled our client, as the tenant, to force the replacement of both the HVAC and roof, at landlord’s cost, within three years of the execution of the lease. As a result, our client saved almost $3M and eliminated the risk of interruption to its business operations from a deficient roof and HVAC. Additionally, our client was able to control the construction process by selecting contractors, materials and equipment that were satisfactory to it.
Our Difference
Rarely is “one size fits all” best for your business. Our attorneys know how to identify hidden costs in situations totally out of your control, and how to customize your lease provisions. And when the costly unexpected did happened here, we were able to not only protect our client financially but also maintain uninterrupted operations and let them choose exactly the right solution to their tastes…not someone else’s.
Our ability to consistently partner with you and maximize your savings is exhibited by our extensive list of long-standing clients across the nation. Our approach is well-established and uniform across the firm, so every attorney has your business interests at heart. Several on our team come from a background of working as in-house counsel in major corporations, which gives us a unique understanding of the budget and time constraints you’re up against.
Many of our clients have partnered with us for decades, due to our forward-thinking approach, thorough work product and level of client service that is informed by today’s world. Ask Courtney or any member of our Corporate Real Estate team how we can help your portfolio bring strategic value to your company’s bottom line.