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Berger Commercial Realty Brokers $36.9 Million Sale of 34-Acre Land Parcel; Awarded Exclusive Leasing Assignment for New Major South Florida Industrial Park

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Hold over rent is when a tenant stays in their space after their lease expiration date. The landlord charges a premium for the tenant to stay in that space not being on a lease and it also hinders the landlord from making any plans on that space. That’s why there’s the upcharge for staying in hold-over.

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