Senior Vice President
Colliers International
1233 West Loop South, Suite 900
Houston, TX 77027
(713) 830-2111
@ coy.davidson@colliers.com
Occupancy Cost
Any cost or charge incurred by a tenant pursuant to its lease, such as rent, operating expense increases, parking charges, moving expenses, remodeling costs, etc.
Occupancy Date
Unless specifically stated otherwise in the lease, it is the date on which the tenant takes possession of its leased premises. (See also "Commencement Date""). "
Open Listing
Any property that is leased directly by the owner. Sometimes, the owner will employ an in
Operating Expenses
The cost of operating an office building, such as janitorial, management fees, utilities, and similar day to day expenses, as well as property taxes and insurance. Should not include capital expenses such as roof replacement nor expenses associated with the production of income such as leasing commissions and legal fees.
Owner's Representative
An agent who is an advocate for the owner and/or landlord.
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