In this article, you'll learn:
- How net leases transfer risk to tenants and lead to cost uncertainty.
- The growth of space-as-a-service for flexible, all-inclusive leasing.
- Why gross and clear leases offer more predictable costs for tenants.
- The shift toward landlords assuming more risk and providing tenant stability.
Many years ago, rent was simple. A business moved into a building, and sent its landlord a check every month. Perhaps that tenant paid directly for the services that got billed to it (like communications, coffee service and maybe electricity), but it generally knew what it would pay, when it would pay it, and how much those payments would change from month to month or -- more commonly -- from year to year.