In many commercial real estate leases, the tenant in a multi…
In many commercial real estate leases, the tenant in a multi-tenant property is responsible for paying a clearly defined portion of the property’s operating expenses (typically based on the tenant’s prorata share of the total leasable space in the property). Based on your understanding of the standard definitions of “netness” in commercial leases, the tenant is responsible for their prorate share of which of the following expenses in a “net-net” lease?