From an accounting/reporting standpoint, is managing a multi-tenant office building any different than managing a multi-tenant commercial building (strip mall/shopping center)?
[{"id": "cjbkoym", "text": "It really depends on the type of leases that are in place. Are the office leases full service, but retail lease net leases? - these will involve different accounting (does the tenant pay for utilizes, maintenance, etc or does the landlord)", "replies": [{"id": "cjblgfa", "text": "Triple net in both cases.  I have a lot of experience with retail, not so much with office.", "replies": [], "depth": 2}], "depth": 1}, {"id": "cjc16xn", "text": "Office can be simpler than retail. Retail leases sometimes have levels of complexity that you wouldn't find in a typical office lease. If they're both fairly standard NNN leases though, the differences will be minimal. ", "replies": [{"id": "cjtyeb7", "text": "I agree. When I worked at Kimco (a retail REIT), I would model our leases. We would get a percentage of their sales after certain amounts. They were surprisingly complex. I doubt office tenants would have the same leases.", "replies": [], "depth": 2}], "depth": 1}, {"id": "cjncwr7", "text": "There are some small differences in typical lease language, accounting wise you won't see much a of a difference. I work with office accountants, and many seem to have jumped to the mall acct. company across the river. Without any problems, and vice versa. ", "replies": [], "depth": 1}]