29K SF OF RENEWALS IN NORTH AUSTIN
CIP
December 16, 2019
29K SF OF RENEWALS IN NORTH AUSTIN
Mark Milstead of Commercial Industrial Properties (CIP) represented the tenant, High Tech Carpet, in three renewals in north Austin.
- 18,510 sf at Waterford Centre I. Sam Owen of Stream represented the Landlord.
- 6,173 sf at 2136 Rutland Drive. Davis Bass of HPI represented the Landlord.
- 4,371 sf at 2112 Rutland Drive. Dean Santacruz of PS Business Park represented the landlord.
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Landlord January checklist for CAM reconciliations & NNN true-ups: documentation, pro-rata math, gross-ups, capital items, and dispute-proof true-ups.
Review your CAM reconciliation and NNN true-up with this January tenant checklist: verify pro-rata share, audit charges, spot red flags, and avoid overpaying.
Understand the difference between hard and soft costs in project budgets, from direct construction expenses to indirect administrative fees.