This sounds like the Landlord is adjusting for the core/load of the building. I have seen it presented a few times and its always caused problems. Most LL now use a formula that includes the core within the base rent of the space. I would recommend you try to negotiate a full-services or gross lease where the tenant has one charge per month (outside of their contracted services – phone, internet, etc.) It will be a larger number but it saves the tenant from getting the annual ‘adjustments’ for CAM, taxes, etc.
Mar 10, 2014