Thread: Misc Anyone here in commercial real estate or a commercial landlord?
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Old 03-12-2009, 07:32 PM   #2
FAX FAX is offline
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Join Date: Oct 2004
Location: Tennessee
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Quote:
Originally Posted by Rain Man View Post
Here's the other thing that I didn't know until today. They call it CAM (Common Area Maintenance), but it's really the whole building's costs. We're not paying a pro-rated share of common area utilities and maintenance and stuff, it's the whole building's costs. The lease says "operating costs" and says it's for the whole building, but the letters we get each year refer to it as CAM.

I think my Realtor misread it as being CAM, and it's not.
Ah ... well, that changes things somewhat. Still, it would be nice to know the comparables in your area.

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