Lease Term Determining CAM Costs Not Ambiguous

November 26, 2012
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Facts: A restaurant tenant rented space in a strip center. The entire property was 82,875 square feet. The “buildingfootprint” and the total leasable area was 21,415 square feet. The restaurant tenant leased 6,281 square feet of the property. In addition to base rent, the tenant was to pay a proportionate share of common area maintenance (CAM) charges.

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