Gross Rent is the total rent calculated inclusive of all non-structural recoverable building and exterior operating costs (T.M.I. – property taxes, maintenance and insurance) whereas Net Rent is the rent calculated before including such recoverable costs.

Begin your search for commercial property early. If you are opening a new business, you do not want to find yourself under time constraints dealing with issues which you may not have considered. If you are relocating an existing business to a new property, allow yourself more time than you feel you may need because…

Commercial property rental payments are the sum of the Net Rent, the Additional Rent (sometimes referred to as the T.M.I.) and the applicable G.S.T. Your monthly property rental rate would be calculated by multiplying your rentable square footage by the yearly net rental rate, and then dividing the result by 12. A similar calculation is…