Negotiating Commercial Real Estate Leases

  Author:    Martin I. Zankel
  ISBN:    0940352141
  Sales Rank:    91751
  Published:    2000-11-08
  Publisher:    Mesa House Publishing
  # Pages:    280
  Binding:    Paperback
  Avg. Rating:    4.0 based on 12 reviews
  Used Offers:    18 from $9.75
  Amazon Price:    $13.57
  (Data above last updated:  2008-12-04 04:32:17 EST)
  
  
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Negotiating Commercial Real Estate Leases
  
While many books offer sample forms and advice about drafting clauses for retail, office, and industrial leases, few examine the essential business issues underlying each clause of the lease from both sides of the negotiating table — tenant and landlord alike.

Whether you are a business owner about to sign a lease, a real estate professional determined to draft the ideal transaction for your client, or a landlord looking to protect profits and property simultaneously, Negotiating Commercial Real Estate Leases can help you understand


*The obvious and not-so-obvious differences between “standard” landlord and tenant leases.
*Specific negotiating strategies for retail/shopping center, office and industrial leases.
*The critical economic and legal issues at stake in each clause of the lease.
*Which points are most easily negotiated under what situations and which points aren't worth the time spent arguing.
*What alternative clauses and solutions can be offered to create a deal that works for both parties.

As the basics of term, rent, premises, assignment, maintenance, insurance, default, taxes, alterations, and more are covered, author Martin Zankel uses wit and wisdom to break down confusing legalisms and offer basic negotiating strategies for each situation.

The book also includes two appendixes that provide examples of a tenant-oriented lease and a landlord-oriented lease.

                  Reader Reviews 1 - 15 of 15                 
  
  
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04-17-08 4 (NA)
(Hide Review...)  Quick Guide
Reviewer Permalink
If you are looking for an overall roadmap on commercial leases, this is a great book. As an attorney developing my leasing practice, I found the book insightful. However, if you are looking for legal advice, you may be disappointed.

Please note that this book is not a legal resource or "how to" book.
(Review Data Last Updated: 2008-12-04 04:34:49 EST)
06-27-07 2 1\2
(Hide Review...)  Not particularly helpful
Reviewer Permalink
I am an attorney who regularly handles leases for a large company. I had hoped that this book would be a practical guide to negotiating commercial real estate leases, but it seemed more like a theoretical tract than a useful tool in my practice.
(Review Data Last Updated: 2008-04-16 20:31:12 EST)
03-15-07 4 (NA)
(Hide Review...)  Definitely worth it
Reviewer Permalink
I am new for leasing commercial properties - but it definitely gave a foundation on the required check list and clauses I should look for. I am going to use this to crosscheck my attorney's final draft and to make sure the attorney did not miss anything important.

Would definitely recommend as a reference.
(Review Data Last Updated: 2007-06-27 14:06:45 EST)
03-14-07 4 (NA)
(Hide Review...)  Definitely worth it
Reviewer Permalink
I am new for leasing commercial properties - but it definitely gave a foundation on the required check list and clauses I should look for. I am going to use this to crosscheck my attorney's final draft and to make sure the attorney did not miss anything important.

Would definitely recommend as a reference.
(Review Data Last Updated: 2007-04-10 18:43:01 EST)
12-11-06 4 0\1
(Hide Review...)  Review by Steven Vornea
Reviewer Permalink
Negotiating Commercial Real Estate Leases is an informative guide for the business owner and full of important information regarding the ins and outs of leases. I would highly recommend this book, although it might not be as helpful to those who work outside the specific niche that the title suggests.

Steven Harry Vornea
(Review Data Last Updated: 2007-06-27 14:06:45 EST)
11-04-06 4 1\1
(Hide Review...)  Negotiating Commercial Real Estate Leases
Reviewer Permalink
This book is very informative and well written. Mr. Zankel offers a number of excellent examples and some very well written and usefull clauses. I enjoyed his writing style and sense of humor. The only negative is that I was hoping for a more step-by-step plan that was offered. It is a fine book and should be in every leasing agents library.

Adam P. Von Romer, CCIM
(Review Data Last Updated: 2007-06-27 14:06:45 EST)
11-03-06 4 (NA)
(Hide Review...)  Negotiating Commercial Real Estate Leases
Reviewer Permalink
This book is very informative and well written. Mr. Zankel offers a number of excellent examples and some very well written and usefull clauses. I enjoyed his writing style and sense of humor. The only negative is that I was hoping for a more step-by-step plan that was offered. It is a fine book and should be in every leasing agents library.

Adam P. Von Romer, CCIM
(Review Data Last Updated: 2006-12-11 09:13:36 EST)
10-30-06 2 1\1
(Hide Review...)  reads like a legal document
Reviewer Permalink
The book reads more like a dry legal document than a helpful consumer friendly book written with checklists and perhaps a simulated negotiation indicating what to start out looking at first, must have's vs nice to have's in a lease (based on realistic market conditions), etc. The book is more appropriate for real estate agents than a small business owner about to sign a lease. Maybe its a 5 for a commercial real estate agent but a 2 for a prospective tenant


(Review Data Last Updated: 2007-06-27 14:06:45 EST)
10-29-06 2 (NA)
(Hide Review...)  reads like a legal document
Reviewer Permalink
The book reads more like a dry legal document than a helpful consumer friendly book written with checklists and perhaps a simulated negotiation indicating what to start out looking at first, must have's vs nice to have's in a lease (based on realistic market conditions), etc. The book is more appropriate for real estate agents than a small business owner about to sign a lease. Maybe its a 5 for a commercial real estate agent but a 2 for a prospective tenant


(Review Data Last Updated: 2006-10-31 08:07:09 EST)
06-29-06 4 (NA)
(Hide Review...)  Important for anyone negotiating a commercial lease
Reviewer Permalink
Very good book. Helpful insight into the various issues surrounding commercial leases, and helps put together the pieces of the puzzle. It has been a real asset in the last two leases I have negotiated.
(Review Data Last Updated: 2006-10-27 07:22:42 EST)
05-12-05 5 7\7
(Hide Review...)  Excellent and nuanced discussion of leasing issues
Reviewer Permalink
I negotiate retail and office leases as part of my law practice. This book is an excellent guide to the points that need to be considered when negotiating a lease. It will help attorneys as well as business people and brokers. The author does a good job in explaining, often in detail, the business reasons behind the different positions that the landlord and the tenant take. Understanding those reasons puts you in a much better position to create satisfactory compromises. Also, this book doesn't just address the major points - I was surprised to see how many subtle points the author addressed. Overall, an excellent book and a great value at this price.
(Review Data Last Updated: 2006-07-07 07:18:08 EST)
05-02-05 4 6\6
(Hide Review...)  Reasonably Useful
Reviewer Permalink
I'll agree that this book is a little random, but I've made it through the whole thing over numerous train commutes and found it useful in discussing how certain specific lease provisions can translate into a variety of outcomes in the real world of LL/tenant relations.

I actually own comm. properties and do most of the lease drafting myself. I found this book quite useful in thinking about things that I might want to include in a lease that I hadn't thought about before. It was also useful in helping decide how to craft the initial version of each lease provision. And then from there, it was helpful in informing the decision process during lease negotiations when you have to decide what's worth giving ground on and what's not.

I would say, however, that if you are not actually in a position where you think you are going to need to be negotiating the terms of a commercial lease (either as LL or tenant), then I don't know how much good this book is really going to do you.
(Review Data Last Updated: 2006-07-07 07:18:08 EST)
09-26-04 2 2\6
(Hide Review...)  A virtually worthless book
Reviewer Permalink
I sat down to read this book one night and had the most difficult time reading it (I am well-educated, for any doubters).
The analogies the author uses to explain things are so poor and quite irritating. He uses this same mode in explaining everything so that the entire book is completely obnoxious to read. I came very close to throwing this book away! Do yourself a favor and get a book that will clearly/logically explain things with creating gross irritation.
(Review Data Last Updated: 2006-07-07 07:18:08 EST)
03-03-01 5 10\11
(Hide Review...)  A well crafted, superbly presented instructional guide
Reviewer Permalink
Negotiating Commercial Real Estate Leases is a well crafted, superbly presented instructional guide for the business owner and a "must read" before signing a lease. Readers will learn the obvious and not-so-obvious differences between so-called "standard" landlord and tenant leases; the critical economic and legal issues implicated in lease clauses; which points are most easily negotiated under what situations and which points aren't worth the time spent negotiating; what alternative clauses and solutions can be offered to create a leasing deal that works for both the business tenant and the building landlord. Negotiating Commercial Real Estate Leases will save the prospect business tenant a great deal of time, money, aggravation, and future real estate leasing-related disappointments.
(Review Data Last Updated: 2006-07-07 07:18:08 EST)
11-02-00 5 17\18
(Hide Review...)  Negotiating Commercial Real Estate Leases
Reviewer Permalink
Absolutely the best real estate book I have read. This is not a get rich quick scam. It disects commercial real estate transactions using a sequence similar to that of an actual sales contract. He points, step by step, to each part of the negotiation process from both the buyers and sellers point of view. Then he explores negotiating options that lead to mutually beneficial result. I have read and studied this book. It is absolutley invaluable to me, and I am not even in the commercial end of the business. I would think that any broker, realtor or principal who negotiates complex real estate transactions would benefit from this book. Why doesn't he write more? It's a shame.
(Review Data Last Updated: 2006-07-07 07:18:08 EST)
  
                  Reader Reviews 1 - 15 of 15                 
  
  
  
  
  
  

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