When parties enter a contract involving an appraised value of real estate, they need eventual finality with respect to that appraised value, but they also want fairness in the appraisal process. In Buffalo-Water 1, LLC v. Fidelity Real Estate Company, … Continue reading
In my last blog post, I outlined key issues that a landlord should consider when negotiating a lease with a perspective tenant in a LEED-certified building. In this post, I want to review the same issue but from the tenant’s … Continue reading
As area businesses seek to “go green,” we are seeing an increasing interest in LEED (Leadership in Energy and Environmental Design) certified buildings. This raises important leasing issues for both landlords and tenants. In this post, I’ll outline the key … Continue reading
Despite the fairly straightforward nature of the issue, before the recent case of Creative Playthings Franchising, Corp. v. James A. Reiser, Jr., the Massachusetts Supreme Judicial Court (SJC) had not categorically ruled whether parties to a contract could agree to … Continue reading
Citing a report from Jones Lang LaSalle, the Boston Business Journal reports that the retail real estate sector continues to stabilize. Although rents nationally continued to decline by 1.7 percent, this was an improvement of .5 percent in the second … Continue reading
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An interesting opinion came down from the Massachusetts Appeals Court last month that merits discussion. In 275 Washington Street Corp. v. Hudson River Int’l, LLC, 81 Mass. App. Ct. 418 (2012), the Court held that the damages owed to a landlord from a … Continue reading