Rethinking the Commercial Lease

The 10-year institutional lease is becoming a relic. Tenants demand flexibility, and landlords must adapt to lower vacancy rates.

The Rise of Flex Space

Leases now often include provisions for "flex space"—allowing tenants to scale their footprint up or down based on business needs. Drafting these clauses requires precise definitions of notice periods and rent adjustments.

Green Leasing

Sustainability is driving "green lease" clauses, where landlords and tenants share the costs and benefits of energy efficiency upgrades. These are crucial for meeting corporate Net Zero targets.

Repurposing Assets

Converting office towers into residential or mixed-use spaces presents complex zoning and titling issues. Legal teams play a pivotal role in navigating the regulatory approvals for adaptive reuse projects.