Examples of Comparable Leases in a sentence
Comparable Leases shall include renewal and new non-renewal tenancies, but shall exclude subleases and leases of space subject to another tenant’s expansion rights.
Comparable Leases shall include renewal and new non-renewal tenancies, but shall exclude subleases and leases of space subject to another tenant's expansion rights.
Expansions, contractions and strategic short-term renewals are excluded from the Comparable Lease pool.2 Rent Spread is calculated for Comparable Leases, a subset of the total population of leases for the period defined.
If there were no leases executed in the Building during such six (6) month period, then Comparable Leases in the twelve (12) months prior to the date of the Option Exercise Notice will be used to determine the average prevailing Base Rent per rentable square foot in the Building.
The adjustments in this Schedule 4(c) provide a methodology for comparing the “Adjusted Value of the Premises’ Tenant Improvements” (as defined below) with the value of the “Comparable Lease Tenant Improvement Package” (as defined below) under each Comparable Lease, and adjusting the effective rental rates under the Comparable Leases so that such rental rates are based on a tenant improvement package that is comparable to the Adjusted Value of the Premises’ Tenant Improvements.
Summary of Retail Leasing Activity (Consolidated) For the Period Ended September 30, 2013 Comparable Leases New leases(3) 5 19,429 $ 13.90 $ 12.88 Renewals/Options 24 90,395 19.74 18.73 Total: Comparable Leases 29 109,824 $ 18.71 $ 17.69 Non-Comparable Leases Operating portfolio 8 20,970 $ 20.22 Development 7 25,278 20.12 Total: Non-Comparable Leases 15 46,248 $ 20.17 Total Leasing Activity 44 156,072 $ 19.14 (1) Excludes month-to-month leases and leases involving office GLA.
Commercial Real Estate Table 15 – New & Renewal Lease Summary At June 30, 2019 (Unaudited) 1 Per Glossary of Terms, Comparable Leases are renewals and leases executed for units that have been vacated in the previous 12 months.
For spaces vacant less than 12 months, the results for the trailing four quarters are as follows: Leases Signed Square Feet Cash Basis % ChangeTotal Comparable Leases New Leases - Comparable CEDAR REALTY TRUST, INC.
In establishing FMV for the Premises, the parties shall consider only direct leases for comparable office/R&D space in Santa Clara xxxxrring during the six months most immediately preceding the Lessee’s exercise of this Option to Extend (“Comparable Leases”), taking into consideration the terms and conditions of this Lease and Comparable Leases and the condition of, and state of improvements in, the Premises and the premises demised under Comparable Leases.
Commercial Real Estate Table 15 – New & Renewal Lease Summary At September 30, 2019 (Unaudited) 1 Per Glossary of Terms, Comparable Leases are renewals and leases executed for units that have been vacated in the previous 12 months.