Cost Management Overview
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Ever heard of CAM charges in commercial real estate? CAM stands for Common Area Maintenance The cost of keeping shared spaces like parking lots, landscaping, hallways, and lighting in top shape. Tenants typically pay their share based on the space they occupy, and it’s important to know exactly what’s included in your lease. Whether you’re a landlord recovering costs or a tenant watching expenses, understanding CAM charges can save you money and surprises. #CommercialRealEstate #CRE #PropertyMan
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