This course provides useful and practical knowledge for lease negotiations in corporate real estate. We focus on the major business (non-legal) aspects of a commercial real estate lease. We dissect clauses of a typical lease to give the logic behind each clause, to assist you in the negotiations of new leases and in understanding existing ones.

We discuss subletting, relocation, holdover rent and other seemingly innocent clauses that can have an enormous impact and discuss how a decision today can affect your enjoyment of occupancy at a later date.

We also review several forms and analytical tools to assist in understanding the economics of a lease from a landlord, lender, and ownership perspective.

Course Series

This course is included in the following series:

3 CoursesCorporate Real Estate

  1. Managing Corporate Real Estate Operations
  2. Corporate Real Estate Leases: Analysis of Key Business Elements
  3. Disposition of Commercial Real Estate
Learning Objectives
  • Identify key elements of the decision to lease rather than buy commercial real estate.
  • Define critical points to a commercial real estate lease and identify opportunities to improve the economics of the transaction.
  • Recognize significant lease terms and clauses.
Last updated/reviewed: August 14, 2023
10 Reviews (38 ratings)

Reviews

2
Anonymous Author
Mainly audio lecture. Slides are not helpful for reference nor engaging to maintain focus. Other course materials might be useful depending on how involved you are in commercial leasing transactions.

4
Anonymous Author
Good course, I would like to expand more and go through some sample leases to learn to read the lease language that way as well.

4
Anonymous Author
Useful review of major lease provisions. Examples with numbers seemed more detailed than needed to illustrate issues.

4
Anonymous Author
Good overview of corporate leases but would have been helpful if the examples were shown on the slides.

4
Anonymous Author
Terms were helpful to reference and calculators to reference at another time.

Member's Profile
Presentation slides are too vague.

3
Member's Profile
lecturer was quite boring...

5
Anonymous Author
Great overview !

4
Anonymous Author
Informative

5
Member's Profile
Informative

Prerequisites
Course Complexity: Intermediate

Prerequisite: Exposure to real estate

 

Advanced Preparation: None

 

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
Analysis of Key Business Elements
  Net Effective Rent25:34
  The Lease Document22:37
Conclusion
  Subletting, Utilities, and Professional Assistance 22:55
SUPPORTING MATERIALS
  Slides: Corporate Real Estate LeasesPDF
  Corporate Real Estate Leases Glossary/IndexPDF
Course Materials
  Amortization Calculatorxls
  Buy vs Rent Analysisxls
  Consent to Sublease DOC
  Estopple FormPDF
  Lease Analysis (Effective Rent Calculator)xls
  Lease AbstractDOC
  Lease Summary Form (Abstract)DOC
  Site Inspection Templatexls
  Subordination Non- Disturbance and Attornment Form (SNDA)PDF
REVIEW & TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam