In an article published on Law360.com titled "Tech Was ‘Not Tethered To Spreadsheets’ For 2014 RE Buys," Simon Adams of Reed Smith’s Real Estate Practice Group comments on the real estate market effects in Northern California caused by a booming tech industry demand for office space. Tech companies are doing massive deals, often demanding lease terms … Continue Reading
Negotiation of the construction allowance is an important part of most commercial lease transactions and usually centers around the size of the allowance and the type of improvements to be constructed. However, the tax consequences flowing from the construction allowance are frequently subject to far less negotiation. If the tenant owns the improvements after construction, … Continue Reading
