Commercial leases are long-term business arrangements that can significantly affect the value, flexibility, and operation of a property or business. Peck Baxter represents landlords, tenants, developers, investors, and businesses in negotiating, drafting, reviewing, and enforcing commercial leases across a broad range of property types.

Our attorneys advise on office, retail, industrial, restaurant, medical, and other commercial leasing arrangements, including base and percentage rent, operating expenses and common-area charges, tenant improvements, maintenance and repair obligations, assignment and subletting, exclusivity and use provisions, options and renewal rights, guarantees, insurance and indemnification, casualty and condemnation, and default and termination rights. We also assist with letters of intent, lease amendments, expansions, renewals, assignments, and lease restructurings.

Drawing on experience in real estate development, transactions, financing, and litigation, Peck Baxter approaches commercial leasing with an understanding of both the legal terms and the economics underlying the relationship. When disputes arise, we also represent clients in matters involving defaults, unpaid rent, operating expenses, maintenance obligations, possession, and other contested lease issues.