Brand New Buildings for Sale or Lease

NNN (Net Lease)
The Landlord passes on all elements of costs for the building to the Tenant including taxes, insurance, Common Area Maintenance, Utilities, and Janitorial services.

IG (Industrial Gross)
The Landlord is responsible for the taxes, insurance and Common Area Maintenance (CAM) for the project. Tenant pays its own utilities and janitorial.

FS (Full Service)
The Landlord is responsible for the taxes, insurance, CAM, utilities, and janitorial for the project. The tenant is responsible for paying their share of increases of these expenses based on their Base Year agreed upon in the original lease.