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Regarding commercial real estate, corporate leasing is vital in renting office spaces, industrial buildings, and retail spaces to corporate clients. This type of leasing involves longer-term leases and more extensive square footage than residential leasing. Corporate clients usually lease space for their headquarters, regional offices, or retail locations.
The landlord and tenant negotiate the lease terms, which may include provisions for maintenance, utilities, and rent increases over time.
Corporate leasing is a crucial aspect of commercial real estate, as it allows businesses to expand or contract their operations as needed, providing them with the necessary flexibility.
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