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Updated over 3 years ago on . Most recent reply

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14
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1
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James Chung
  • Fort Lee, NJ
1
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14
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Broker Commissions On Commercial Leases

James Chung
  • Fort Lee, NJ
Posted

Hi guys -

We are leasing out a commercial space with a 5 year term and a 5 year option.  The broker is asking for 7 years of commissions - is this normal? Do you think it reasonable to cap the commissions at 5 years (just the initial lease term)?

Thanks,

James

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