Real estate blog entries tagged with commercial market report by Amy Margolis (Lebanon Property Management, Inc)

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Home : Blogs : Amy Margolis : Amy Margolis - Commercial Real Estate Blog : Tag "commercial market report"

commercial market report: 2009 NNN Rates Determined: Costs Back Under Control in the Upper Valley - 02/16/10 02:15 PM

Maintaining a cost of living increase that is in keeping with the surrounding area, marketplace, and competing properties is of utmost importance to keeping a commercial property occupied. Some of you may have read a previous post comparing 2007 - 2008 dramatic cost increases in the Upper Valley - Dartmouth - Lake Sunapee Region of New Hampshire. I am pleased to offer this follow up report to demonstate the effectiveness of cost cutting measures taken by our Company, in turn creating marketable properties with low to zero vacancy.

As you see, the table below, shows one property that reports a … (0 comments)

commercial market report: NNN RATES ON THE RISE IN THE UPPER VALLEY - 02/25/09 02:47 PM

FIRST THING'S FIRST:
For those of you that are unfamiliar with the acronym "NNN" it refers to the term Triple Net which is a Common Area Maintenance (CAM) charge for commercial properties. This is an additional cost to Base Rent and includes pro-rata shares for expenses of the property such as real estate taxes, insurance, grounds maintenance, rubbish removal, common electricity, etc.

NNN RATES ON THE RISE IN THE UPPER VALLEY:
As having now completed our CAM reconciliations for 2008, it is clear that the cost of living is on the rise in the Upper Valley. I will provide an overview … (4 comments)

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Amy Margolis

Lebanon, NH

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Lebanon Property Management, Inc

Address: 18 Bank Street, Lebanon, NH, 03766

Office Phone: (603) 448-3524

Cell Phone: (603) 359-0124

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