Archived: A Closer Look at Leasing & Contracts
Every quarter, The SIOR Report magazine publishes an ongoing series of articles co-authored by David Liebman on topics relevant to office and industrial leasing and contracts. Check out current articles below, and previous years in our Archived Articles.
Industrial Tenant Rep Due Diligence: Covering The Bases For Our Clients
(SIOR Report, Summer 2019)
As we negotiate the right lease for our industrial tenant clients, it is critical that we focus on several recurring topics which could impact those tenants s economically, logistically…
Gross Up Clauses: A Method For Equitable Cost Sharing Between Landlord And Tenant, Or Accounting Magic For Landlords?
(SIOR Report, Spring 2019)
In our many years of working on commercial leases, as both broker (David) and as counsel (Jim) …
The Fine Art Of Preparation, Including Drafting Requests For Proposal And Letters Of Intent
(SIOR Report, Winter 2018)
It is often said that our practice as real estate professionals is more art than science. This is most appropriate in drafting both letters of intent …
Holdover Rent Clauses: Don’t Let This Ticking Bomb Explode!
(SIOR Report, Fall 2018)
In lease negotiations, a holdover clause in a commercial lease often does not receive the attention it should as its ultimate impact is not as immediate as many other…
Security Deposit: TBD Neither A Good Idea Nor Necessary
(SIOR Report, Summer 2018)
Typically, when I receive a letter of intent (“LOI”) for a lease transaction, I see one of the following treatments of the all-important security deposit issue…
Exercising Options To Renew, Extend Or Cancel Leases: It’s Not Just When But How You Do It
(SIOR Report, Spring 2018)
The Landlord wants the certainty of occupancy and a steady income stream from the property. Conversely, the Tenant wants flexibility …
CAM AND PROPERTY TAX AUDITS: The Modern Day Litmus Test for Landlord Integrity
(SIOR Report, Winter 2017)
The so called “audit clause” is an extremely important part of any lease where a tenant is responsible for a …
Mitigating The Landlord’s Damages For A Breached Lease
(SIOR Report, Fall 2017)
In the landlord/tenant body of law, the duty to mitigate damages has been defined as: “A duty on the injured party…
Insurance Issues In Industrial And Office Leases-Part 2
(SIOR Report, Summer 2017)
In the last issue of the SIOR Report, we highlighted several insurance provisions in commercial leases, including: Reasonable…
Holdover Rent Clauses: Don’t Let This Ticking Bomb Explode!
(SIOR Report, Fall 2018)
In lease negotiations, a holdover clause in a commercial lease often does not receive the attention it should as its ultimate impact is not as immediate as many other…
Security Deposit: TBD Neither A Good Idea Nor Necessary
(SIOR Report, Summer 2018)
Typically, when I receive a letter of intent (“LOI”) for a lease transaction, I see one of the following treatments of the all-important security deposit issue…
Exercising Options To Renew, Extend Or Cancel Leases: It’s Not Just When But How You Do It
(SIOR Report, Spring 2018)
The Landlord wants the certainty of occupancy and a steady income stream from the property. Conversely, the Tenant wants flexibility …
Insurance Issues
In Industrial And
Office Leases - Part 1
(SIOR Report, Spring 2017)
Negotiating insurance provisions in commercial leases is both an art and a science, heavily dependent on the given transaction and…
A Look At Leasing and Contracts: Negotiating Lease Renewal Rent Rates: CPI, Fixed or…
(Sior Report, Fall 2016)
Determining mutually agreeable rental rates and terms in Lease Renewal Options (“Options”) is a true art in our business. In an office…
A Look at Leasing and Contracts: Rights of First Refusal, Rights of First Offer, And Purchase Options
(SIOR Report, Summer 2016)
When negotiating a lease or contract, a complete understanding of your client’s objectives, coupled with careful…
A Look At Leasing and Contracts: Caps on Expenses (SIOR Report)
(Sior Report, Spring 2016)
Welcome to the first in a series of
articles on negotiation of lease clauses and contract provisions. We are pleased to offer…
Restoration Clause in Office and Industrial Leases (SIOR Report)
(Sior Report, Winter 2016)
In short, the more complex the improvements, the more forethought must be invested by the parties to draft lease provisions…
Is Manufacturing Coming Back to The United States?
(Sior Report, Fall 2014)
There is no argument among SIORs that manufacturing has come back from its recession lows in the U.S. and that this could benefit the commercial…
Archived Articles
We believe in creating original and compelling articles and source material that provides useful advice and guidance for all. Also, we look out for news and articles about the Commercial and Industrial Real Estate markets. Visit here often to keep up to date on the news you can use in your business.
David Liebman: Hockey, industrial brokers and being a ‘deal junkie’ (IREJ)
September 11, 2015
When David Liebman is on the ice, you might never guess that he once was a real estate and corporate lawyer—or that he’s been one of
Chicago’s leading…
Technology and Logistics Changing the Warehouse World
Fall, 2014
It is more difficult to identify the areas in which technology and logistics are not impacted the construction and use of warehouses than it is to discuss where they are having an impact…
Society of Industrial and Office Realtors elect David Liebman to the board of directors
June 13, 2014
David Liebman, SIOR, JD, LEED Green Associate, Managing Broker at Merit Partners, LLC, in Chicago, IL, was recently elected to begin a two-year…
David L. Liebman has joined Chicago-based Merit Partners LLC as managing broker.
March 28, 2014
In one of his first assignments, Liebman will join the leasing team for the 1.5 million-square-foot, 21-acre former Marshall Field’s industrial campus at 4000 W. Diversey…
Co-Brokered Transactions: A New Trend?
(Northern Illinois Real Estate Magazine, December 2013)
The long crawl back from the deep economic recession is in its fifth year. In the Chicago industrial real estate market new direct leases, lease renewals/renegotiations …
People on the Move
February 15, 2013
David Liebman, a senior vice president at Op2mize, has been elected as the 2013 president of the Chicago Chapter of the Society of Industrial and Office Realtors…
Countdown continues for 2013 CRE Forecast
January 16, 2013
Less than one week remains until Illinois Real Estate Journal and the Real Estate Publishing Group put on their 11th Annual Commercial Real Estate Forecast Conference. The venue for this year’s event is…
Paine/Wetzel’s Couston completes two deals
September 20, 2011
Wheel Pros has leased 32,122 square feet of industrial space within a 250,000-square-foot building located at 2554 Northwest Parkway in Elgin for the relocation of their operations already in Elgin…
Cassidy Turley, Colliers team up to bring transportation company to Wisconsin industrial park
March 31, 2011
AllStates Trucking, Inc.,
a full-service logistics and
transportation company,
recently signed a long-term lease
for 63,838 square feet of…
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