April 2023

A large warehouse with the words " what is opex ?" written in front of it.

What is OpEx?

In a NNN (triple net) lease, OpEx is a pass through of operating expenses to the tenant and is paid on a per sq. ft. basis. OpEx covers property taxes, property insurance, and CAM (common area maintenance) expenses. These fees are passed through to the tenant separately from their base rent and are paid on a monthly basis. An example of OpEx: $4.00 psf NNN (base rent) $1.00 OpEx (taxes. insurance,...

A man in an orange shirt and yellow hat is working on the roof of a building.

TPO vs. Standing Seam Roofing Systems

TPO Roofing Thermoplastic Polyolefin (TPO) is a single-ply roofing membrane made of rubber which can be installed in a variety of ways. This, combined with its energy savings, makes it one of the most popular roofing materials in industrial real estate development. OVERVIEW: • Roofing can last 15-30 years • Customers choose installation method (ballasted,...

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