Quote:
Originally Posted by borkborkbork
Would HVAC for a large anchor tenant like the Bay be the responsibility of the store or Cadillac Fairview as the landlord?
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If its a standard NNN (triple net lease) then the repairs are the responsibility of HBC.
This style of lease would give HBC a lower monthly lease payment but exposes them to the cost of the repairs if and when required among other specified costs that the landlord would cover with a higher rental payment.