By chatting and providing individual info, you understand and accept our Regards to Service and Privacy Policy. You consent to be contacted by attorneys and partners of this website for marketing purposes using live, autodialed, pre-recorded, or artificial voice calls and text to the phone number you supplied. This authorization is not required to get services on JustAnswer and might be revoked at any time.
Medium and Heavy Truck
Ford
Chevy
Computer
TV Repair
Medical
Health
OB GYN
Appliance
HVAC
Pool and Spa
Dog Health
Pet Dog
Cat Health
Law
Criminal Law
Real Estate Law
Tax
Finance
General
Dream Interpretation
Relationship
Antiques
Entertainment
Appraisals
Ask an Expert
Ask a Legal representative
Real Estate Law
My concern relates to Tenant's Proportionate Share estimation. I rented a retail space beside a cinema that
My question pertains to the calculation of the Tenant's Proportionate Share.
I have leased a retail space adjacent to a theater, which is likewise the proprietor. The theater makes use of approximately 90% of the mezzanine (the 2nd flooring of the structure) for housing projectors and devices to show films.
In my business lease arrangement, the term "Tenant's Proportionate Share" specifies the ratio of the Gross Leasable Area (GLA) of the Premises to the overall gross leasable location of completed structures in the Shopping Center. This leaves out any office utilized by the manager of the Shopping mall, mezzanine and/or basement areas not designated for retail functions, and any outside seating areas or garden stores.
Considered that the cinema occupies about 90% of the mezzanine for its own industrial usage, should the proprietor consist of or omit the mezzanine in the GLA for the Common Area Maintenance (CAM) calculation?
Real Estate Lawyer: Richard
Disclaimer: The consumer and professional messages provided herein might have been changed or modified to enhance readability and secure the privacy of people. These modifications do not alter the intent or substance of the initial messages.
68,297 satisfied customers
Commercial Lease Tenant's Proportionate Share Explained
Related Customer Questions
Getting Started Is Easy
What Our Users Say
1.
2.
3.
4.
Why Millions Trust JustAnswer
Highly ranked, verified Experts
© 2003-2025 JustAnswer LLC. All rights booked.
My concern relates to the estimation of the Tenant's Proportionate Share.
I have actually leased a retail space nearby to a theater, which is likewise the proprietor. The theater uses approximately 90% of the mezzanine (the second floor of the structure) for housing projectors and equipment to reveal films.
In my business lease contract, the term " Tenant's Proportionate Share " specifies the ratio of the Gross Leasable Area (GLA) of the Premises to the overall gross leasable location of completed structures in the Shopping mall. This omits any workplace space utilized by the manager of the Shopping Center, mezzanine and/or basement locations not designated for retail functions, and any outdoor seating areas or garden shops.
Considered that the theater occupies about 90% of the mezzanine for its own commercial usage, should the landlord include or exclude the mezzanine in the GLA for the Common Area Maintenance (CAM) estimation?
Good afternoon. Yes, in this scenario, you would need to consist of the mezzanine in the CAM calculation because it is clearly being utilized for retail functions due to its connection to the theatre.
I hope this has offered the guidance you were looking for. I want you the best of luck!
If you have a follow-up concern, please keep in mind that there may be a hold-up in between your follow-up concerns and my responses, as I may be helping other customers or taking a break.
If I have actually sufficiently addressed your question, even if the answer was not what you were wishing for, I would value it if you might please click the GREEN ACCEPT button so that I get credit for my work; otherwise, in spite of your deposit, I do not receive credit.
If you need more information on this concern after clicking ACCEPT, please feel totally free to click Reply, and I will be glad to help you even more. Thank you for enabling me to be of service to you.
The info offered here is illegal guidance. Since each state has various complexities in their laws, the information offered is general in nature. This communication does not develop an attorney-client relationship with you. I hope this answer has been handy to you.
Are you familiar with any case law or statute in California that I can describe?
I'm sorry, I don't have the specific statutory or case law language at hand. I have actually been associated with industrial leases for many years, including many that relate to film theatres, and I merely understand this is the standard practice. I have yet to come across one that wasn't calculated in this way.
