After recently attending the AIR CRE Contract & Forms Review Seminar in Southern California, where two members of the AIR Forms Committee shared insights and practices for using the AIR CRE documents in our commercial real estate practice, I want to provide some ‘take away’ for you. AIR CRE (http://www.aircre.com/) is an established organization where “… Members have unparalleled access to a system of market research, listings services, contracts and legal resources, networking, and education” tools which are all suited to serve the Commercial Real Estate marketplace, both brokers and principals. The documents covered in detail during this seminar included the Net & Gross Leases, Purchase Contract & Escrow Instructions, Property Information Sheet, Amendments and Addendum, as well as over 40 other forms the AIR CRE publishes. While not all landlords, principals and market participants utilize these useful forms the lessons learned from this seminar are important in any transaction.
Christopher J. Destino, SIOR, a Principal at Lee & Associates, is an engaging, responsive professional who enjoys working closely with his clients and helping them succeed.