• Retail
  • Office
  • Log In
https://smg.cbre.com/images/default-source/default-album/header-image.jpg?sfvrsn=0

Overview

What's Typical

TERM

5–10 years; long leases rare

BREAKS

Tenant has legal right to break

RENEWALS

Tenant has legal right to renew

RENT BASIS

Net

FREE RENT

6–9 months for 5-year lease typical

ESCALATION

Indexed annually

SECURITY

Financial guarantee worth 1 year of rent + condominium + property tax

FIT-OUT

Tenant pays

TENANT'S BROKER

Tenant pays

RIGHT TO SUBLET

Rare

TRANSPARENCY

Low

OWNERSHIP

Condominium ownership common

CRIME

High

Offices

Curitiba +55 41 3205-6556

Rio de Janeiro +55 21 2543 4345

São Paulo +55 11 5185 4688