Commercial and Industrial Lease


Summary

This form is a Commercial and Industrial Lease Agreement. This template includes practical guidance and drafting notes. This form includes sustainability provisions. Green leasing, or leasing of industrial space in an environmentally and energy-friendly building, requires thoughtful consideration of lease terms. These terms depend on the green features of the building, the sustainability goals of the landlord and the tenant, the allocation of responsibility to meet those goals and, to an extent, the incentives, green certification, or carbon trading involved. The changes negotiated by the parties in a green lease typically affect permitted use, common area maintenance costs, alterations, maintenance, build-out, procurement, utility, signage, insurance, surrender and assignment clauses and building regulations at a minimum. A green lease (including one using the suggested green lease provisions in this Commercial and Industrial Lease) should always be carefully customized to reflect the...