Case Study #2:
Reducing CAM charges for a large retailer
The Client:
|
A large retailer leased 70,000 rsf in a 400,000 rsf shopping center in suburban Illinois. |
The Opportunity:
|
RTG was hired to see if one of the largest landlords in the retail industry was properly charging the tenant. |
The Process:
|
The landlord expensed items that should have been capitalized, and therefore treated as non-escalatable. The landlord also passed through real estate taxes on a parcel that was not related to the shopping center. |
The Result:
|
RTG negotiated an immediate refund of $100,000. |
CLICK HERE FOR PRINTER-FRIENDLY VERSION OF THIS PAGE |