Minchella & Associates are experienced commercial real estate attorneys. From representing owners of strip malls and other commercial property to advising buyers of investment property, to reviewing commercial leases, Minchella & Associates has over forty years of experience.
Commercial real estate refers to property used for business or property purchased for investment purposes. Regardless which type of property you are considering buying or selling, there are many reasons why you should hire a commercial real estate lawyer.
However, the most important reason is to ensure that you have a professional to assist you during the due diligence period.
The Minchella & Associates law firm has experience reviewing commercial leases, usually on behalf of tenants.
Traditionally, a real estate broker will negotiate the letter of intent on behalf of her or his client. This includes the amount of rent the tenant will be paying on a per square foot basis, how many years the lease is for, how many renewals there are and other details such as security.
A commercial lease lawyer’s role is to look at the lease and inform her or his client regarding potential issues so that the tenant’s needs are identified in the lease as well. This might include:
If you are buying, selling or leasing commercial or investment real estate in Skokie, Chicago or the northern suburbs, reach out to Minchella & Associates. We have over 40 years-experience helping buyers and sellers of commercial real estate