If you have been dealing with your Landlord and are totally confused about the gross up clause in your lease, you may need to take a sedative as this is one of the most complex concepts in all of Commercial Real Estate.
The "gross up" clause is seldom understood by tenants and Tenant Representatives alike. It provides a mechanism to allow the building to treat you fairly in the beginning year of your lease, but provides an opportunity for the Landlord to pass on charges to you later in your lease. The math is complex and the building does not like to discuss this issue. Come back soon and I will continue my discussion of the "gross up" clauses in commercial leases.
Call me, Sonny Moyers, if you want to talk further about this matter. My cell phone is 469-261-5715.
Google Sonny Moyers to learn about me and my services.
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