gross lease

(redirected from Gross Leases)
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gross lease

A lease in which the owner receives the contractual rent out of which he or she must pay all or most of the operating expenses of the real estate.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.
References in periodicals archive ?
Fiddler's Green is a fully renovated, 100 percent leased, multi-tenant commercial property in downtown Simsbury, Conn., and is currently occupied by a mix of local retailers, restaurants and businesses on net and modified gross leases. The property is positioned for continued appreciation, as Simsbury's demographics show continued strength.
MEF, which focuses on business-essential equipment leases throughout the United States, had nearly USD18m in net assets and around USD166m in gross leases outstanding at December 31, 2011.
A return to gross leases, however, can benefit both landlords and tenants, as well as foster a building's sustainability.
Industrial real estate leases generally come in two common forms; gross leases and (triple) net leases.
When the subject property is leased exclusively on all gross leases, this tax rider is combined with the appropriate capitalization rate and, in combination, become the loaded cap rate.
It is currently occupied by a mix of local and non-credit tenants on net and modified gross leases. The seller, Bidwell Industries, is a Connecticut-based real estate developer.
She has conceived, structured and negotiated virtually every form of deal including ground leases, air rights acquisition and disposition, net and gross leases, government incentive packages and a range of equity transfers from partnership and condominium interests through fee simple sales.
She has conceived, structured and negotiated virtually every form of deal including ground leases, air rights acquisition and disposition, net and gross leases, government incentive packages, and a range of equity transfers from partnership and condominium interests through fee simple sales.
There are two primary types of leases when it comes to a discussion of escalations: Net leases, in which the tenant is responsible for all operating and some or all capital costs; and Gross leases, in which the tenant is only responsible for increases in operating expenses above some predetermined base.
In a gross lease, all of these items are included, but tenants are still responsible for their own utilities.