The Warehouse and Office Lease Agreement provides a legal framework for leasing Warehouse and Office space in a single facility. These arrangements typically feature a facility that offers access to warehouse storage supported by office facilities housing inventory management staff. Rental is typically (albeit not always) structured as two rates: one rate corresponding to the office portion of the facility, with a second rate applicable to the office rate portion. Renewal option, leasing term, permitted use and rights of first refusal on adjacent facilities can be structured as differently applied to the office or warehouse portion of the rental arrangement. Buildout specifications and standards also vary as applicable to the office or warehouse portion of the facilities. You can find answers to your questions using our extensive library of
audio questions and answers.
This Agreement reduces Lessee rentals, minimizes costs and maximizes rights in leasing combination warehouse and office facilities.