Commercial and Industrial Lease

Summary

This template is a Commercial and Industrial Lease Agreement. This template includes practical guidance and drafting notes. For a full listing of key content covering real estate transactions for in-house attorneys, see In-House Real Estate Resource Kit This template 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 client’s intentions, the building’s features, and sound practical judgment. For a full listing of key content covering retail leasing, see Retail Leasing Resource Kit. For more information on industrial leases, see Industrial Lease Agreements. To compare state laws on commercial lease agreements, see the Commercial Real Estate Leasing topic in the Real Estate State Law Comparison Tool.