The largest tenant is Motorola Mobility LLC (Motorola), which leases a total of 16.5% of the NRA, with a scheduled lease expiration date
in August 2028.
The State's lease expired March 31, but in a statement Piedmont said, "Since the lease renewal negotiations were not anticipated to conclude prior to the original lease expiration date
, the lease was extended on a short-term basis to allow for an orderly resolution to the final outstanding items under negotiation."
Neiman Marcus Last Call, (1.8% NRA) vacated its space in 1Q18 prior to its January 2020 lease expiration date
It is not unrealistic for commercial tenants to begin their lease renewal process twelve to fifteen months prior to their lease expiration date
. More precisely, look at your renewal option clause.
* Ability to view active leases including when lease was activated, when lease was last used (checked in), lease expiration date
if not renewed, and which kiosk is assigned.
The lease expiration date
for the combined 116,000 sq ft is 31 March 2018.
Other personalized elements included the customer's lease expiration date
and the original salesperson's name and phone number.
The tenant, Conde Nast vacated their space in 2015 and 2016 and the Port Authority of NY & NJ has guaranteed the lease through the lease expiration date
The deal is a 10 year extension from their lease expiration date
at 1133 Avenue of the Americas, also a Durst property.
In addition, the largest tenant had initiated a renewal of its lease in March 2016; however, based upon the latest January 2018 rent roll provided by the servicer, an updated lease expiration date
for the tenant was not provided.
With a lease expiration holdover in a deregulated apartment where the tenant has not paid rent after the lease expiration date
, the owner is permitted to bring the case by filing a holdover petition.