A national tenant asked if their 12-foot lobby snowman could be charged to CAM as “brand activation,” and I’m pointing to Section 6.3 of the lease: marketing is non-recoverable. Anyone else trying to lock Q1 reforecast with a 2% op-ex cut while explaining recoveries math and the 3% base rent escalation?
Had a national try the same 12-foot “brand activation” last year — . > is non-recoverable. Anyone else trying to lock Q1 reforecast with a 2% op-ex — I tag it as tenant marketing in the GL, cite Sec 6.3 in the variance notes, and push it to non-recoverable before the Q1 cut hits. Minor caveat: if they want it, I’ll trade approval for an ops offset (they cover the install/teardown) to keep the 3% base rent escalation story clean; you seeing any luck with that?