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Washington Lease Agreements

State Leases
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LA WA105 Simple Pro-Tenant Washington Lease For Office, Industrial, Or Retail Commercial Property

This form is for a single tenant Washington lease where the tenant has superior leverage. It gives the tenant the right to use the premises for "any legal use," and has very abbreviated remedies for the landlord in the event of a tenant default. It is also pro-tenant in character because of the clauses it does not contain which customarily appear in pro-landlord forms relating to remedies and a variety of other pro-landlord provisions.

Number of Single Spaced Pages: 17

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LA WA105 Simple Pro-Tenant Washington Lease For Office, Industrial, Or Retail Commercial Property

LAWA106 Advanced Pro-Landlord Washington Office Lease For Multi-Tenant Building With Base Year For Taxes And Operating Costs

This pro-landlord lease form is for a Washington office tenant taking space in a multi-tenant office building. The tenant is responsible for its pro-rata share of operating expenses in excess of those for the base years for operating expenses and taxes specified in the form.

The lease has a comprehensive definition of operating costs, and comes with complete exhibits for pertaining to rules and regulations, tenant improvements work letter, and parking agreement.

Number of Single Spaced Pages: 57

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Washington Commercial Real Estate Leasing

Significant industries within Washington include the design and manufacture of jet aircraft (Boeing), computer software development (Microsoft, Amazon.com, Nintendo of America), electronics, biotechnology, aluminum production, lumber and wood products (Weyerhaeuser), mining, and tourism. Washington has significant amounts of hydroelectric power generation. Significant amounts of trade with Asia pass through the ports of the Puget Sound.  Fortune magazine survey of the top 20 Most Admired Companies in the US has 4 Washington based companies in it, Starbucks, Microsoft, Costco and Nordstrom.

The majority of commercial real estate leases in Washington relate to office buildings, shopping centers, industrial properties, and other commercial real estate located in major cities in Washington, which include:

  • Seattle
  • Tacoma
  • Spokane
  • Yakima
  • Bellingham, and
  • Olympia