Leases & Leasing Information


Equipment Leasing Blunders That Can Cost Your Firm a Mint


Rod McHenry, the financial vice president of a document imaging company, thought he had great cause for celebrating. He had signed an unbelievable $370,000 lease proposal covering computer servers, workstations, software and other networking equipment. McHenry believed he had snared an incredible lease rate, capping off weeks of negotiating an acceptable equipment price with the equipment vendor. The proposal guaranteed a lease closing and offered a return of the 2% 'commitment fee' paid by McHenry's company if the leasing company failed to give credit approval within two weeks. Little did McHenry know that signing this proposal would lead his company into the 'Twilight Zone' of equipment leasing. Ultimately, his firm would fork out more than $15,000 in legal fees seeking lessor performance, only to learn that the lessor was already insolvent and mired in several similar lawsuits.

Like McHenry's employer, thousands of U.S. companies lease equipment each year, many of them without careful attention to potential blunders. Rod McHenry became victim to one possible pitfall, but there are several areas deserving careful attention.

Falling For the Lowest Rate

One potential pot-hole facing many would-be lessees is basing their lease decision solely on the lowest monthly payment. Even on the face of it, making a decision based on the monthly payment makes little sense. First, these amounts give only a partial picture of total lease pricing. An accurate discounting of cash flows using a present value analysis, including up-front lease payments, monthly payments, security deposits and fees can often change the outcome of the lowest lease bid. Making sure that each lease proposal is reduced to a present value calculation guarantees that you will be comparing apples to apples. Even if you make accurate price comparisons, pricing all by itself fails to consider several important factors - ones that might save you a bundle in the long run and keep your firm from blundering. To avoid pitfalls in this area, list and evaluate your top priorities for a leasing arrangement. Consider factors such as: choosing the right leasing partner, balance sheet considerations, tax considerations, choosing the right form of lease, avoiding severe lease terms, and getting enough lease flexibility.

Failing to Check Lessors' References and Financial Condition

As Rod McHenry discovered, perhaps the area with the greatest potential for a misstep is lessor selection. Failing to investigate and make a wise choice of leasing partner can result in transaction delay, misrepresentations, nonperformance, unexpected fees or even fraud. Like many industries, equipment leasing encompasses many players with varying degrees of experience, specialization, integrity and financial strength. In selecting the best leasing partner, get sufficient information from bidders to perform an effective reference check. If possible, also obtain financial information from bidding lessors to evaluate their financial condition. Obtain Dunn and Bradstreet reports on each bidder. Ask for and check customer, vendor, bank and trade references. Perform an Internet news and message board search to make sure the bidding lessors are not the subject of any unresolved problems or scandals. Most reputable lessors belong to one of the major equipment leasing trade associations (ELA, EAEL, UAEL, or NAELB). Call the appropriate association for a reference. Lastly, ask around. Check with your attorney, accounting firm, banker, friends and associates who are able to make recommendations based on past experiences.

Not Fully Understanding the Lease Agreement

Failing to read and understand the major terms and conditions of the equipment lease can cost your company a bundle. While most lease agreements include similar terms and conditions, there can be noticeable differences. For example, most agreements cover the lessee's responsibility to pack the equipment and ship it to the lessor at the end of the lease, if the lessee chooses to return the equipment. Some leases require the lessee to have this done by the last day of the lease, perhaps depriving the lessee of a week or more of use. Also, some agreements require the lessee to pay for equipment de-installation, packing and shipping to any destination within the US, which can be costly. You can save money by negotiating many of these points. Read the lease agreement thoroughly, get legal advice if necessary, and negotiate points that can save you money.

Making the Wrong Choice Between Fair Market Value and Bargain Purchase Leases

High on the list of potential leasing blunders is choosing the wrong form of lease for your planned use of the equipment. Failure to choose wisely can result in significant additional lease expense. Equipment leases fall into two broad categories: 1) leases designed to pass ownership of the equipment to the lessee at the end of the lease (bargain purchase/capital leases) and 2) leases intended to allow the leasing company to retain ownership of the equipment (FMV or operating leases).

If you plan to keep the equipment beyond the term of the lease, it is generally cheaper to enter into a bargain purchase/capital lease. During the lease, you pay the lessor a rate of return plus the cost of the equipment. At the end of the lease, you receive the equipment title for a nominal payment. If the equipment is subject to rapid obsolescence or if you feel confident that you will return the equipment at the end of the lease, a FMV or operating lease might prove advantageous. What you are getting in a FMV or operating lease is the flexibility to kick the equipment out at lease end. Additionally, this form of lease can lower your lease rate as the lessor passes a portion of the anticipated residual value back to your firm in the form of lower payments. If your firm has reason to minimize liabilities appearing on the balance sheet, perhaps due to bank financial covenants, an operating lease might be appealing. In these lease situations, balance sheet concerns may trump the desire to obtain the lowest lease rate. In choosing a lease form, look at the period of intended equipment use, the potential for equipment obsolescence, balance sheet considerations, income tax considerations and any other factors that might influence lease choice.

Failing to Evaluate Vendor Service - Equipment Lease Arrangements

Entering into a 'hell or high water' equipment lease involving proprietary equipment required for a multi-year service (such as alternative energy or telephone services) can lead your firm into a situation ripe for blunder. Even under the best of circumstances, a 'hell or high water' equipment lease (one requiring non-cancelable payments) entered into in connection with a service arrangement carries a certain degree of risk. In many cases, the lease is provided by a leasing company independent from the service provider or later sold by the service provider to a lessor. The potential pitfall results from the possibility that your company might get stuck making lease payments for equipment it can no longer use, should the service provider fail or cease to offer the service. The best protection against this potential pitfall is to avoid these types of arrangements. If you must enter into such an arrangement, make sure the service provider is financially sound, reputable, and has a long track record of providing excellent service. Also, since these transactions always carry some risk, make sure that an abrupt interruption in the service will not have a material negative impact on your company or cause financial hardship.

Ignoring End-of-lease Notice Deadline

While not a deadly blunder, failing to give timely notice at the end of your lease can create significant additional lease expense for your firm if you plan to return the equipment. Many leases have provisions that require the lessee to notify the lessor of the lessee's decision to return the equipment at the end of the lease. If you violate the notice period, the lease kicks into an often unfavorable automatic renewal period, usually one to six months. If you intend to return the equipment at lease end, make sure your firm gives notice on time. It can save your firm a bundle in avoidable lease expense.

Underestimating Time Required to Close Lease

Not allowing enough time to go through the lease planning, proposal, approval and documentation phases can result in extra cost. A rushed process can lead to poor lessor selection, approval delays, documentation miscues or poorly negotiated lease terms. Except in small ticket transactions (under $ 75,000 to $ 100,000) where personal guarantees of the principals are involved, most lease transactions take at least three weeks or more to close. While some of the time is consumed in the bidding and credit review processes, much of it can be eaten up by administrative matters. Obtaining insurance certificates, filing UCC financing statements, reviewing and negotiating the lease agreement, all contribute to the time it takes to get to a lease closing. The best way to manage the lease closing process and to save precious time and money is to plan ahead. Make sure you establish criteria for the lease you are seeking, prepare a package containing information all bidders would want, obtain a lease closing list from each lease bidder, and respond to all requests/questions raised by bidding lessors on a timely basis.

While equipment leasing pitfalls can not always be avoided, you can take steps to prevent snags that can cost your firm a mint. Plan ahead and do your homework before launching the lease bidding process. Give high priority to selecting an experienced lease provider with high integrity and good expertise. Also, with lease transactions that represent significant obligations for your firm, engage a competent attorney to help you review and negotiate the equipment lease.

George Parker is a Director and Executive Vice President of Leasing Technologies International, Inc. ("LTI"), responsible for LTI's marketing and financing efforts. A co-founder of LTI, Mr. Parker has been involved in secured lending and equipment financing for over twenty years. Mr. Parker is an industry leader, frequent panelist and author of several articles pertaining to equipment financing.

Headquartered in Wilton, CT, LTI is a leasing firm specializing nationally in direct equipment financing and vendor leasing programs for emerging growth and later-stage, venture capital backed companies. More information about LTI is available at: http://www.ltileasing.com .


MORE RESOURCES:
State Might Lease Prisons, Instead of Building Them  WTVY, Dothan

Alabama Gov. Kay Ivey's options for replacing state prisons could include leasing facilities built by a private firm.


Alabama might lease prisons instead of building them  NBC 15 WPMI

MONTGOMERY, Ala. (AP) — As Gov. Kay Ivey looks to replace Alabama's troubled state prisons, one option would be to lease facilities built by private ...


Why Meghan Markle and Prince Harry are Reportedly Canceling the Lease on Their Country Getaway Cottage  ELLE.com

Meghan Markle and Prince Harry have already shared their plans to move out of their Notingham Cottage property on the Kensington Palace grounds in favor of ...


Man Receives New Lease on Life With ESight Eyewear  U.S. News & World Report

LAKE CHARLES, La. (AP) — A local man is getting a new lease on life and the ability to literally see things more clearly thanks to vision-enhancing glasses ...


Adam Neumann of WeWork defends disclosures after report on CEO lease deals  Crain's New York Business

WeWork Cos. defended its process for reviewing related-party transactions after a report said the real estate startup's chief executive leased multiple properties ...


Leases, used car sales could be hurt by tax refunds: What to know  Detroit Free Press

The warnings flashed a few years back: 2019 was to be a year of the "lease tsunami." A glut of cars, trucks and SUVs leased a few years ago are set to come off ...


Farmington is looking for farm land lease proposals  ECM Publishers

The city of Farmington is accepting lease proposals to farm undeveloped park land located at the northeast corner of 195th Street West and Diamond Path.


Watchdog: Federal property managers ignored whether Trump hotel lease violated Constitution  USA TODAY

The General Services Administration didn't review the Constitution before leasing the Trump International Hotel to the president, a watchdog found.


Inspector General questions Trump hotel lease  CTPost

WASHINGTON — The Inspector General for the General Services Administration this week raised questions about the GSA's management of its lease of the Old ...


Two Ideas For Sears With Its New Lease On Life  Forbes

Sears Holdings Corp. filed for Chapter 11 protection. But right or wrong Sears is going to stay open thanks to Edward Lampert. So now that the brand has hit rock ...


They thought they were buying a family dog. Turns out they were leasing it.  Tampa Bay Times

Animal rights groups are seeking legal action against companies offering rent-to-own pups.


Stamford, Greenwich central business districts dominate Fairfield County leasing activity  Westfair Online

Fairfield County's office market closed 2018 with 2.6 million square feet in leasing activity, according to a new report from CBRE. This represented the greatest ...


La Mesa Best Buy to close after failing to reach lease agreement with landlord  10News

LA MESA, Calif. (KGTV) — La Mesa's Best Buy location will close just before spring, after the company says it failed to reach an agreement for a new lease with ...


Red Cross Shelter Lease to End Jan. 31  Action News Now

The lease to operate the emergency shelter at the silver dollar fairgrounds is set to end in 13 days.


PureBread Deli signs lease at Shoppes at Longwood | Local News  southern chester county weeklies

EAST MARLBOROUGH—Waters Retail Group, Southeast Pennsylvania's premier development, management, leasing, and brokerage firm, has leased 2000 ...


With another new office lease for Amazon, this Seattle-area city is almost out of downtown space  GeekWire

Amazon will take another high rise tower in Bellevue, Wash., according to a real estate brokerage report, and because of the tech giant's rapid growth, the ...


City of Bronte settles lawsuit over Oak Creek Reservoir lease  Standard-Times

A year-long lawsuit between a Blackwell resident and the City of Bronte has ended with a settlement.


Google to Lease Office Space in a Los Angeles Mall  The Wall Street Journal

Google Inc. is planning to lease what is currently a mall in West Los Angeles, the latest deal in which former retail sites are now seen as appealing office ...


Amazon Go acquires lease in Chrysler Building in NYC  Kyodo News Plus

Amazon.com Inc. has reached a deal for space in the iconic Chrysler Building in Manhattan, people familiar with the matter say.


Relativity Space leased a US Air Force launch pad  Quartz

Relativity, a rocket-building start-up founded by alumni of Elon Musk's SpaceX and Jeff Bezos' Blue Origin, has taken over a US government launch pad.


NYC Restaurant Lease Deals Are Getting Tougher to Find, Owners Say  Eater NY

At its prime, Petite Abeille had multiple locations, but the increased costs of running a restaurant in New York City slowly chipped away at Jadot's mini-Belgian ...


Like New: How to give your vehicle's exterior a new lease on life  Charleston Post Courier

Cost-conscious consumers armed with a bucket and garden hose can a fine detail job themselves for a fraction of the cost. Here's a look at the best ways to ...


SpaceX Pulls Out of Terminal Island Lease to Build Rocket to Mars  NBC Southern California

Elon Musk's SpaceX aerospace firm is pulling out of a deal with the city of Los Angeles to lease an 18-acre site on Terminal Island, where it had planned to build ...


Waco City Council set to OK riverfront lease, incentives  Waco Tribune-Herald

The Waco City Council is set to take a major step Tuesday in transforming downtown Waco: A ground lease agreement and incentives on a riverfront ...


City of Anaheim approves lease extension for Los Angeles Angels  ESPN

The City of Anaheim voted in favor of a one-year extension of the Angels' stadium lease. The club will play in Angel Stadium through 2020.


Krabloonik owners decide to keep restaurant open, lease in compliance with town of Snowmass  Aspen Times

The owners of Krabloonik said Tuesday the restaurant will remain open with a simplified menu, which will keep the business in compliance with its 20-year lease ...


Anaheim extends Angel Stadium lease by 1 yr.  MLB.com

ANAHEIM -- The Anaheim City Council voted in favor of a one-year extension to the Angels' lease at Angel Stadium through the 2020 season late Tuesday, ...


Stauber to lease space in city hall | Local  Hibbing Daily Tribune

U.S. Rep. Pete Stauber now has a presence in Chisholm. Chisholm City Council approved a lease agreement last week that granted permission for the ...


Exclusive: Leidos to lease Marriott office space  Washington Business Journal

Leidos Holdings Inc. plans to lease about 300,000 square feet of Gaithersburg office space currently occupied by Marriott International Inc. as the government IT ...


Gillibrand reps lease 5,000-square-foot Troy building  Times Union

Campaign representatives for Democratic U.S. Sen. Kirsten Gillibrand signed a lease for a 5,000 square foot space in downtown Troy, according to a local ...


Agency ignored constitutional concerns over Trump hotel lease, report says  Syracuse.com

WASHINGTON — The General Services Administration “ignored” concerns that President Donald Trump's lease on a government-owned building - the one that ...


Report: Detroit could be losing out on millions under 'flawed' water system lease  The Detroit News

According to the researchers, the Great Lakes Water Authority and the city of Detroit should alter their *service* agreements to increase water equity.


Michaels doesn't renew lease for its West Allis store  Milwaukee Journal Sentinel

Michaels, a national retailer carrying art and hobby supplies plus home decor, has not renewed its lease for its West Allis store, sources said.


Coliseum to get update on Raiders lease  ESPN

OAKLAND, Calif. -- The Coliseum Authority will meet Friday to get an update on the possibility of whether the Raiders could stay in Oakland for another year.


Air Lease (NYSE:AL) Downgraded to “C+” at TheStreet  Fairfield Current

Air Lease (NYSE:AL) was downgraded by investment analysts at TheStreet from a “b-” rating to a “c+” rating in a research report issued to clients and investors ...


Lease negotiations for Miami MLS stadium deal to begin  Miami Herald

Miami administrators can now begin negotiations for a 99-year lease for Beckham team officials to build an stadium complex on city-owned Melreese golf ...


Amazon to Lease 10 More Freighters from Air Transport Services  The Wall Street Journal

Amazon.com, in a move to expand its air-cargo operation and reduce reliance on UPS and FedEx, will lease another 10 freighter aircraft from Air Transport ...


City approves $1 annual lease for zoo  Akron Beacon Journal

City leaders endorsed a longstanding partnership with the zoo Monday by extending an annual $1 lease for the next 40 years.The lease for city property was ...


Deloitte re-ups lease at Heritage Plaza  Chron

Deloitte has renewed its lease at Heritage Plaza, but the tax and consulting firm is shaving more than a quarter off the size of its downtown digs. The company's ...


Franklin commissioners approve Farmington parking lot lease  Kennebec Journal & Morning Sentinel

FARMINGTON — Franklin County commissioners on Tuesday approved entering into a lease with the town of Farmington so the town can use the Anson Street ...


Can My Landlord Charge Me for My Broken Fridge?  The New York Times

State law requires landlords to provide safe, livable homes for their tenants — although in some cases, they can pass along the cost of repairs and ...


New tenant coming to 15-story downtown Grand Rapids office building  MLive.com

Commercial space at the building, currently under construction, is now fully leased.


IRS gives rental owners clarity on 20% deduction  San Francisco Chronicle

The IRS on Friday gave owners of rental properties a better idea how they can qualify for the 20 percent deduction on qualified business income from ...


Local theater group to lease space at Electric Works  WANE

FORT WAYNE, Ind. (WANE) - For the second time in the week, a group signed a letter of intent to be a part of the Electric Works campus. In a release shared with ...


Amazon rumored to have lease deal in Chrysler Building  Crain's New York Business

Amazon may be nearing a deal to least space in the Chrysler Building, according to a report. The technology giant, which is slated to bring half of its second ...


Gemini Rosemont taps Stream Realty to lease Houston office portfolio  Houston Chronicle

Stream Realty Partners has been hired to handle leasing of Gemini Rosemont's 1.2-million-square-foot Houston office portfolio.


Tesla Offers To Forgive Your Lease Payments If You Take Delivery By Dec. 31  Seeking Alpha

Two new podcasts in the last couple of days reveal specific examples of a new Tesla discounting sales tactic (links to the audio evidence in the article below).


How To Lease Commercial Space In The Big City  Forbes

Some companies opt to save money by working in coworking spaces, but having one's own space is unavoidable for others — especially for those of us ...


Salesforce to sign first €1bn Irish lease | Ireland  The Times

Salesforce's lease on a new campus in Dublin docklands could be the country's first to yield over €1bn in rent. The software-as-a-*service* company last week ...


SFWMD should cancel Florida Crystals lease on EAA reservoir land, environmental groups say  TCPalm

The South Florida Water Management District board leased EAA reservoir land to Florida Crystals, prompting Gov. Ron DeSantis to ask them to resign.


Lease offer made for Central Virginia Training Center buildings; plan would provide care for some residents  Richmond.com

Horizon Behavioral Health, a Lynchburg-area provider of services involving mental health, substance use and intellectual disabilities, has made an offer to lease ...


County commission to hold land lease auction Tuesday  Daily Republic

The Davison County Commission will hold its annual land lease auction Tuesday at its regular meeting. The commission meets at 9 a.m. Tuesday at 1420 N.


Proposal to extend Los Angeles Angels stadium lease through 2020 up for vote Tuesday  ESPN

A propsal to extend the Los Angeles Angels' stadium lease by one year through the 2020 season will be voted on at an Anaheim City Council meeting on ...


Mason City Council modifies lease agreement with Southbridge Malll for new arena  Mason City Globe Gazette

MASON CITY | Almost two hours into a regularly scheduled City Council meeting Tuesday night, resident Matt Jensen stepped to the microphone in the library's ...


Vigilance seizes records of govt building  The Tribune India

Lalit Mohan. Tribune News *Service*. Dharamsala, June 19. The Vigilance and Anti-corruption Bureau has confiscated records pertaining to the government ...


City to lease old airport terminal  Elko Daily Free Press

ELKO – The city's old airport terminal will not be vacant much longer.


WeWork's Latest NYC, SF Leases Total 165000 SF  GlobeSt.com

NEW YORK CITY—WeWork, continues to expand on both coasts. They recently secured six new locations for their HQ by WeWork program. Four of the leases ...


Nissan cancels lease on ex-Chairman Ghosn's Tokyo apartment  CNBC

Japanese automaker Nissan Motor has terminated the lease to ex-Chairman Carlos Ghosn's luxury apartment in Tokyo, Ghosn's legal team said on Friday.


As Assembly Row Lands Puma's 150000 SF Lease, Phase 3 of the 40-Acre Development Site Launched  Boston Real Estate Times

SOMERVILLE, MA– Federal Realty Investment Trust (NYSE: FRT) has signed a lease for 150,000 square feet with PUMA North America to anchor a new ...


Krabloonik closing restaurant after nearly 40 years, lease with town of Snowmass may be contingent on restaurant  Aspen Times

To the surprise of their landlords, the owners of Krabloonik announced Wednesday they are closing their full-*service* restaurant to focus on the dogsledding ...


The Low Down: Should I Lease Or Buy A Car?  INQUIRER.net

Should I Lease Or Buy A Car? A common question of car buyers. We will break down the pros and cons of each choice to help you make the right one.


T-Mobile grabs more space in Bellevue amid Sprint bid, HQ overhaul  Puget Sound Business Journal (Seattle)

T-Mobile US Inc. has leased nearly 130,000 square feet in Bellevue amid the company's Sprint bid and plans to overhaul its headquarters. The company's ...


Samoa Airways to lease Boeing 737 MAX 9 | International Flight Network  International Flight Network

Samoa Airways signed an agreement with the US-American lessor Air Lease Corporation (ALC) to lease the Boeing 737 MAX 9.


George Latimer signs lease for $1.2B 'North 60' project in Valhalla  The Journal News | LoHud.com

Westchester County Executive George Latimer signed a lease that will pave the way for the development of a $1.2B biotech center in Valhalla.


Acadia Aqua Farms lease renewal approved  Mount Desert Islander

SORRENTO — The Maine Department of Marine Resources gave Acadia Aqua Farms an early present the week before Christmas when Commissioner Patrick ...


Special meeting called on Berger lease agreement | News  Circleville Herald

CIRCLEVILLE — A special Circleville City Council Meeting will be held at Berger Hospital on Tuesday. The meeting will be called along side the Berger Hospital ...


IRS Publishes Final Guidance On The 20% Pass-Through Deduction: Putting It All Together  Forbes

As part of the Tax Cuts and Jobs Act, Congress enacted Section 199A, which provides a 20% deduction against the income earned in certain businesses.


Marietta City Council looks to open bids for lease of Marietta Harbor  The News Center

MARIETTA, Ohio (WTAP) - The city of Marietta is seeking bids for a new lease for a popular river-front stop. The city council voted last week on legislation for bid ...


Facebook's LA Presence Grows With Playa Vista Lease  Commercial Observer

Facebook has finalized a lease for 260000 square feet of office space in two buildings in Los Angeles' Playa Vista neighborhood.


Greg Hardy Says UFC Gave Him 'New Lease On Life, New Attitude'  TMZ

Greg Hardy says he's a changed man -- telling TMZ Sports he's got a new attitude and a new perspective after dedicating his life to mixed martial arts.


VICI Properties Inc. Completes Acquisition of Harrah's Philadelphia and Lease Modifications  Associated Press

NEW YORK--(BUSINESS WIRE)--Dec 26, 2018--VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”), an experiential real estate investment ...


Facebook Inks Mega-Lease at Burlingame Point  GlobeSt.com

Burlingame Point an approximately 803000-square-foot office campus currently under construction has finalized an agreement with Facebook to lease the entire ...


Westchester's commercial real estate market transformation gaining momentum  Westfair Online

The Westchester County office market moved forward on two fronts during 2018. The first was a continuation of the positive absorption trend. The second was ...


Can’t Renew Lease?  WSVN 7News | Miami News, Weather, Sports | Fort Lauderdale

(WSVN) - Do you like the place where you rent? What would you do if your lease was expiring and your landlord said they're not renewing it? Do you have the ...


TrueNoord Acquires Two Embraer E195 on Lease to Azul  Aviation Tribune

Regional aircraft leasing specialist TrueNoord has acquired two Embraer E195s on lease to Azul Linhas Aéreas Brasileiras.


Ann's by the River property up for lease  Newsandtribune

JEFFERSONVILLE – The touted renovation and reimagining of the old Ann's by the River restaurant property by a Louisville-based chef and entrepreneur will ...


Avianca Brasil's legal fight with plane leasing firms escalates  Reuters

Avianca Brasil's battle with its aircraft leasing firms intensified on Friday after Brazil's aviation regulator said it would no longer ground 10 of the struggling ...


FCPT Closes Eight Additional Restaurant Properties of Washington Prime Transaction for $9.4 million  Associated Press

MILL VALLEY, Calif.--(BUSINESS WIRE)--Jan 18, 2019--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust engaged in the ownership of ...


EU agency argues Brexit should be get-out clause for London lease  Financial Times

EMA-Canary Wharf dispute could be test case for property contracts after departure.


Mason City's lease with Southbridge Mall could include sending 10 percent of profits to Kohan  Globe Gazette

MASON CITY | As bids are being weighed and plans for the new multipurpose arena are moving forward in the River City Renaissance Project, the city's looking ...


UPMC in 'preliminary talks' to lease Walnut Capital redevelopment  Pittsburgh Business Times

Walnut Capital Partners may be on the brink of landing a familiar presence in the city for Craft Place, the real estate firm's redevelopment of a long neglected ...


Gridley council accepts federal lease for modular homes  Chico Enterprise-Record

GRIDLEY — Three hundred and fifty modular homes pegged for more than 1,000 Camp Fire victims will be placed at the Gridley industrial park after the City ...


Dharamshala mayor’s lease deed with MC under vigilance scanner  Times of India

DHARAMSHALA: The building adjacent to the office of Dharamshala municipal corporation, given on lease to the sitting Mayor Devendera Jaggi, has come u.


City council may re-up parking lot lease, grant LED light changover  The Edwardsville Intelligencer

EDWARDSVILLE — During its Jan. 15 city council meeting, the City of Edwardsville will propose to extend a parking space lease agreement until Dec. 31, 2021 ...


District Church signs new Delano lease, but not necessarily for worship services  The Wichita Eagle

District Church, a relatively new church in Delano, has signed a lease for a one-time post office there. That doesn't mean worship services are necessarily ...


Bangor Mall renews another major tenant lease — Business — Bangor Daily News — BDN Maine  Bangor Daily News

Supermarket chain Hannaford has renewed its lease at the Bangor Mall, according to the company running the mall.. Maine news, sports, politics, election ...


This week's top commercial real estate transactions | Real Estate  Dallas News

SalesMoss Group has acquired the QuestCare Medical Clinic is located at 3051 South Center Street in Arlington from Todd Interests. Holliday,...


Heavily Bent Volvo S60 Gets A New Lease Of Life Thanks To Lone Mechanic  Carscoops

When it comes to working with metal, few YouTubers do it better than Arthur Tussik, who specializes in bringing severely damaged cars back to the land of the ...


Dilweg Inks Full-Floor Lease with Steady at 101 Marietta Street  Atlanta, GA Patch

From Dilweg Companies: The Dilweg Companies announced today that it signed a full-floor lease at 101 Marietta Street with Steady, an Atlanta-based tech ...


Danbury Kia covers car lease payment of Bethel woman killed in Bridgeport  Danbury News Times

BETHEL — After Emily Todd was killed in Bridgeport, her family did not want to look at the car police said the murder suspect stole. But there were still two years ...


Volvo car subscription: California dealers try to stop the service  The Verge

A state dealer group calls it a 'clever, but illegal, marketing ploy' in a new filing. They say Volvo's subscription *service*, known as "Care by Volvo," is actually an ...


Real estate transactions: UniversalPegasus signs sizable lease renewal  Chron

UniversalPegasus International, part of Huntington Ingalls Industries, has renewed its lease for 113,114 square feet for its headquarters at 4848 Loop Central ...


Square takes over enormous Oakland building  Curbed SF

Not too long ago, the circa 1929 Beaux-Arts building in Oakland now known as Uptown Station was meant to be the East Bay home of Uber, which had ...


WATCHDOG: Lehigh Valley arts charter high school looking to receive state money for lease  Allentown Morning Call

The Lehigh Valley Charter High School for the Arts will take advantage of a loophole that allows charter schools to collect lease reimbursements from the state ...


How service members can avoid pitfalls of breaking apartment lease  WOAI

SAN ANTONIO – An enlisted Marine turned to News 4 for help as he broke his apartment lease to join the *service*. The Trouble Shooters found out your rights as ...


UPDATE: Grand Forks School Board OKs lease in Herald buildin...  Grand Forks Herald

Grand Forks Public Schools will use space in the Herald building for its student transitional education program, despite concerns from a state agency that move ...


Update: Horizon offers to lease CVTC buildings; plan would provide care for some residents  Lynchburg News and Advance

Horizon Behavioral Health, a Lynchburg-area provider of mental health, substance use and intellectual disabilities, has made an offer to lease a portion of the ...


Pima County wants six-figure sum to lease Golden Pin Lanes  Arizona Daily Star

A local group has expressed interest in leasing the longtime bowling alley in an effort to save the property.


160-year-old house gets a new (rental) lease on life  Mankato Free Press

MANKATO — Restoration of perhaps Mankato's oldest house — one that was on the verge of demolition a decade ago — is nearing completion, and the ...


Energy Firms Signs 20423 SF Office Lease in Houston  REBusinessOnline

HOUSTON — Murex Petroleum Corp. has signed a 20,423-square-foot lease at 363 North Belt, an office building located at 363 N. Sam Houston Parkway in ...


home | site map
© 2007