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Payne Pittman Lease 6,193 SF Industrial Space in Grand Prairie

July 2019, Grand Prairie, TX —  SVN Dunn Commercial, a full-service commercial real estate brokerage firm and part of the SVN® brand, is pleased to announce that they have completed a 6,193 SF lease of Industrial space at 2202 113th St in Grand Prairie, TX. The...

Lee Wandel closes sale of Single Tenant Office, Arlington 10,480 SF

Lee Wandel closes sale of Single Tenant Office, Arlington 10,480 SF

June 2019, Arlington TX — SVN | Dunn Commercial, a full-service commercial real estate brokerage firm and part of the SVN® brand, is pleased to announce the recent closing of 1400 Hillcrest Drive, a 10,480 SF, Single-Tenant Office property located in East Arlington....

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Quick Overview: What Are Tenant Improvement Allowances?

Quick Overview: What Are Tenant Improvement Allowances?

Whether office, industrial, or retail. commercial real estate renovations to spaces are often made for new tenants. Landlords may choose to pay for these renovations in the form of a Tenant Improvement Allowance (referred to as TI Allowance). This allowance grants the...

Who is responsible for the HVAC system in a commercial lease?

Who is responsible for the HVAC system in a commercial lease?

Heating, ventilation, and air-conditioning systems, commonly referred to by the acronym HVAC, serve many purposes in commercial buildings. It keeps people comfortable in office buildings, protects inventory in a warehouse, and even improves indoor air quality....

What is a Triple Net, or NNN, Lease?

What is a Triple Net, or NNN, Lease?

A Triple Net, or NNN, lease is a contract in which the tenant is responsible for everything including; taxes, insurance, roof and common area maintenance. In this type of agreement, the landlord collects the taxes, insurance and common area maintenance fees on a...