By chatting and providing individual info, you understand and consent to our Regards to Service and Privacy Policy. You grant be gotten in touch with by attorneys and partners of this website for marketing functions using live, autodialed, pre-recorded, or artificial voice calls and text messages to the telephone number you provided. This approval is not needed to get services on JustAnswer and may be revoked at any time.

Medium and Heavy Truck

Ford

Chevy

Computer

TV Repair

Email

Medical

Health

OB GYN

Appliance

HVAC

Pool and Spa

Dog Health

Pet Dog

Cat Health

Law

Criminal Law

Real Estate Law

Tax

Finance

General

Dream Interpretation

Relationship

Antiques

Entertainment

Appraisals

Ask a Specialist

Ask a Lawyer

Real Estate Law
My concern relates to Tenant's Proportionate Share estimation. I rented a retail space next to a theater that

My question relates to the calculation of the Tenant's Proportionate Share. I have actually leased a retail area adjacent to a theater, which is also the proprietor. The theater uses around 90% of the mezzanine (the second floor of the structure) for housing projectors and devices to reveal movies. In my business lease arrangement, the term "Tenant's Proportionate Share" defines the ratio of the Gross Leasable Area (GLA) of the Premises to the total gross leasable area of completed structures in the Shopping Center. This omits any workplace utilized by the manager of the Shopping mall, mezzanine and/or basement areas not designated for retail purposes, and any outside seating locations or garden shops. Considered that the movie theater inhabits about 90% of the mezzanine for its own commercial use, should the property manager consist of or omit the mezzanine in the GLA for the Common Area Maintenance (CAM) calculation?

Real Estate Lawyer: Richard

Disclaimer: The client and professional messages provided herein may have been changed or customized to boost readability and safeguard the privacy of individuals. These modifications do not alter the intent or substance of the initial messages.

68,297 pleased consumers

Commercial Lease Tenant's Proportionate Share Explained

Related Customer Questions

Starting Is Easy

What Our Users Say

1.
2.
3.
4.
Why Millions Trust JustAnswer

Highly rated, validated Experts

© 2003-2025 JustAnswer LLC. All rights booked.

My concern relates to the computation of the Tenant's Proportionate Share. I have actually rented a retail area surrounding to a cinema, which is likewise the proprietor. The theater utilizes approximately 90% of the mezzanine (the 2nd flooring of the building) for housing projectors and equipment to reveal motion pictures. In my business lease arrangement, the term " Tenant's Proportionate Share " defines the ratio of the Gross Leasable Area (GLA) of the Premises to the total gross leasable location of completed structures in the Shopping Center. This omits any office used by the supervisor of the Shopping Center, mezzanine and/or basement locations not designated for retail functions, and any outside seating locations or garden shops. Considered that the film theater inhabits about 90% of the mezzanine for its own commercial use, should the landlord include or exclude the mezzanine in the GLA for the Common Area Maintenance (CAM) computation?

Good afternoon. Yes, in this scenario, you would require to consist of the mezzanine in the CAM calculation since it is plainly being utilized for retail purposes due to its connection to the theatre.

I hope this has supplied the guidance you were trying to find. I wish you the best of luck!

If you have a follow-up question, please remember that there may be a delay between your follow-up concerns and my reactions, as I may be assisting other or taking a break.

If I have actually sufficiently resolved your concern, even if the response was not what you were hoping for, I would value it if you could please click the GREEN ACCEPT button so that I receive credit for my work