âGiven the economic environment over the past three years, we didn't complete the mining of the site,â he said. Nugent, in business since 1912, sells sand to automakers and foundries who use it to make molds for metal components. The company employees 48 people at its sites in Norton Shores and Dalton Township. Nugent Sand Company Inc., 2925 Lincoln. For the residents of Idlewild, many whose roots in the resort stretch back for generations, it's a request that has promoted a lot of questions.
Common area maintenance charges. Common Area Maintenance charges, or CAM for short, are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property.
By Peter May, MBA, CCIM In working with clients on commercial leases, I often get one of the following questions: What is a NNN lease? What are CAM charges? When looking to lease commercial property, you will find a range of terminology to describe the type of lease being offered for each building. Leases range from a full service gross lease on one end of the spectrum to a NNN lease on the other end of the spectrum. There are a range of options in the middle of these two that are typically called a gross lease or modified gross lease.