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Leasing costs refer to the expenses necessary to attract tenants and to execute leases.
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They turned him onto SolarCity, who volunteered to pick up the leasing costs for his units.
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The newly-adopted green leasing provisions will reduce energy consumption and costs in these buildings and likely accelerate the adoption of green-leasing practices in mainstream real-estate markets.
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Gutman's mediation work occasionally leads to additional advisory services on leasing, insurance and other operating costs.
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If it is unable to either shift from the big-box retail format to smaller stores, or optimize store space by sub-leasing to other businesses, operating costs will not come down.
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First-class existing buildings are priced to yield only around 5% to an all-cash buyer, says research firm Green Street Advisors. (The return they talk about is rent minus the costs of operating and maintaining the building and leasing any empty space.) But a skillfully developed new property can bag an annual cash return of up to 10% of its construction costs.
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But airport costs like terminal rents and landing fees and even the expense of buying or leasing jets, pale in comparison to the two biggest expenses at airlines: labor and fuel.
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To slash costs, Stelios fired virtually all his staff, put in vending machines to sell Internet cards and began leasing space in chains like McDonald's and Burger King.
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