Newest LEED buildings create challenges Oct 8, 2009
If it s a true pass-through lease, what they call a net lease or triple net lease, where the landlord passes all the expenses to the tenant, ; a tenant should then be more mindful about conservation, but the landlord is in charge of a lot of the building s systems itself and arguably may not care. Or, they may not want to invest in new technology that would save energy. (Nashville Business Journal, TN)
Georgetown buildings sell for $62M Sep 15, 2009
The triple net lease structure coupled with the complete renovation of the asset reduced future capital exposure making the opportunity very appealing, said Molloy. Most Read Stories. (Washington Business Journal, DC)
Girl Power: Filly Rachel Alexandra makes history May 17, 2009
Search 1000's of Triple Net Lease Property Listings For Sale. Shop Victoriously with eBay. (Yahoo News)
Buildings' loss of value may hit taxpayers May 1, 2009
Since most of the Class A leases are triple net leases, the higher taxes and other operating expenses are passed on to tenants, said Gale. A triple net lease is a deal where the tenant pays rent to the lessor as well as all taxes, insurance and maintenance expenses for the use of the property. (Milwaukee Business Journal, WI)
Sunwest investors sue Davis Wright Tremaine Apr 16, 2009
The suit says Davis Wright Tremaine and Dozois prepared numerous documents that misled investors into thinking they were buying into particular properties, including memoranda, disclosure materials, tenancy in common agreements, triple net lease documents, warranty deeds, operating agreements, real property purchase agreements and escrow instructions. The defendants and the Harder Enterprise did not tell investors that revenue generated in connection with the property they were investing in... (Puget Sound Business Journal, WA)
Group home articles on warrant Mar 13, 2009
According to Hopengarten, the town could utilize a triple net lease to ensure that all obligations for maintenance of the property would be the burden of the tenant and not town. There s nothing tricky or unusual about a lease that would put no burden on the Housing Commission, he said. (Lincoln Journal, MA)
The Impact of the CCIM Institute on Commercial Real Estate Industry and Investors Feb 26, 2009
In the seven years that I have been associated with RealSource, that number has dropped because more are willing to diversify into triple net leases or TICs opportunities ... Gove: Every portfolio should have some form of a triple net lease investment ... A triple net lease is similar to a CD as far as in the world of real estate investment. (RealtyTimes)
NHP Reports 2008 Fourth Quarter and Full Year Results Feb 19, 2009
NATIONWIDE HEALTH PROPERTIES, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) Three Months Ended Year Ended December 31, December 31, ------------- -------------- 2008 2007 2008 2007 ------------- -------------- Revenue: Triple net lease rent $72,691 $70,651 $285,398 $268,346 Medical office building operating rent 17,229 6,928 60,287 16,061 ------ ----- ------ ------ 89,920 77,579 345,685 284,407 Interest and other income 6,550 6,037 24,980 21,862 ----- -----... (PR Newswire)
