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Godino & Company, Inc.

Name: Godino & Company, Inc.
Address: 1005 Boylston Street, Newton, MA, 02461, US
Telephone: (617) 965-4200

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Godino & Company, Inc.

Godino & Company has been a leader in commercial real estate services since 1967.

09/01/2026

🏢 Your Base Year Matters More Than You May Think

When negotiating a commercial lease, it’s easy to focus on the starting rent—but the base year can have a major impact on your future occupancy costs.

A low or unusually favorable base year today could mean larger expense increases for the tenant later.

This week, we’re breaking down three things to watch:
✔️ Which year is being used as the base year
✔️ Which operating expenses can be passed through
✔️ Expense caps, exclusions, and reconciliation provisions

💡 Godino Tip of the Week: Don’t compare spaces based on base rent alone. Look at the total projected cost over the entire lease term.

Understanding the details today can help you avoid unexpected costs tomorrow.

📚 Follow along with Godino & Company’s Commercial Real Estate Academy for more practical leasing insights.

08/24/2026

When evaluating commercial space, the base rent is only part of the picture. Common Area Maintenance (CAM) charges can include landscaping, snow removal, parking lot maintenance, common-area utilities, cleaning, security, and other shared operating costs.

Before signing a lease, tenants should understand exactly what is included, how their share is calculated, and whether annual increases are capped. Comparing the total occupancy cost—not just the advertised rent—can help prevent unexpected expenses.

Read our Week 11 article to learn more about CAM charges and what tenants should review before committing to a commercial property.

08/14/2026

LOI First. Lease Second.

Before drafting a commercial lease, the Letter of Intent helps establish the business terms that shape the deal—including rent, lease term, tenant improvements, permitted use, and timing.

While an LOI typically isn't the final lease, aligning these points early can reduce surprises and lead to smoother negotiations.

Godino Tip of the Week: Get the business deal right in the LOI before the lease language gets detailed.

What term do you think is most important to clarify in an LOI?

Learn more at GodinoCo.com

08/03/2026

Understanding your lease structure is essential to knowing your true occupancy costs. Gross, modified gross, and net leases divide expenses such as taxes, insurance, and maintenance differently—and the lowest advertised rent may not always be the least expensive option.

Before signing a commercial lease, make sure you understand exactly what is included and what you will be responsible for paying.

Learn more at GodinoCo.com

07/29/2026

Understanding cap rates is an important part of making smart commercial real estate investment decisions.

A cap rate helps investors compare opportunities, evaluate potential returns, and better understand the relationship between risk and reward. However, it is only one factor to consider when assessing a property.

At Godino & Company, we help clients analyze the complete investment picture so they can move forward with confidence.

Learn more at GodinoCo.com.

07/20/2026

Before signing a commercial lease, make sure you understand exactly what you are personally guaranteeing.

A personal guarantee may be negotiable—including the amount, duration, and circumstances under which it applies. Addressing these terms early can help protect you and your business from long-term financial obligations.

Learn more at GodinoCo.com

07/08/2026

💡 Commercial Real Estate Insight of the Week #6

Tenant Improvements (TI): Who Pays for What?

One of the first questions we hear from tenants is:

"Who's responsible for paying for the build-out?"

The answer depends on the lease terms, the current market, and what is negotiated between the landlord and tenant.

Before signing a commercial lease, it's important to understand:
✔️ What the landlord typically pays for
✔️ What improvements are the tenant's responsibility
✔️ How Tenant Improvement (TI) allowances work
✔️ Who pays if construction costs exceed the allowance
✔️ How today's market can impact negotiations

A well-negotiated lease can save your business thousands of dollars and help avoid costly surprises down the road.

Whether you're a landlord preparing a space or a business looking for a new location, understanding Tenant Improvements is essential to making informed decisions.

If you're considering leasing, buying, or investing in commercial real estate, we'd be happy to help guide you through the process.

📞 617-965-4200
🌐 www.godinoco.com

At Godino & Company, we've been helping landlords, tenants, buyers, and sellers navigate commercial real estate since 1967.

07/01/2026

💡 Commercial Real Estate Insight of the Week – Week 5

Understanding Triple Net (NNN) Leases

If you're looking for commercial space, it's important to know that the advertised rent isn't always your total occupancy cost.

With a Triple Net (NNN) lease, tenants typically pay:
✔️ Their share of property taxes
✔️ Building insurance
✔️ Common Area Maintenance (CAM) expenses

These additional costs can vary significantly from property to property, so always ask for an estimate of the annual NNN expenses before making a leasing decision.

At Godino & Company, we're here to help tenants and property owners understand every aspect of a lease so there are no surprises.

📞 Have questions about leasing commercial space? We'd be happy to help.

Susan Ellis
Godino & Company, Inc.
📞 617-965-4200
📧 [email protected]
🌐 www.GodinoCo.com

06/23/2026

Lease Term: Flexibility vs. Security

One of the most important decisions in a commercial lease isn't just the location or size—it's the lease term.

A shorter lease may provide flexibility as your business evolves, while a longer lease can offer stability and predictable occupancy costs.

The key is finding the right balance based on your growth plans, operational needs, and risk tolerance.

Before signing a lease, consider:
✔ Current and future staffing needs
✔ Space layout requirements
✔ Storage and operational demands
✔ Customer and vendor access
✔ How your business may change over time

At Godino & Company, we help businesses evaluate lease options with a focus on long-term success.

Learn more at GodinoCo.com

06/17/2026

🏢 Business Space Check-In – Week 3: Before You Lease More Space, Start With How You Work

Square footage is only part of the equation when choosing commercial space.

Before signing a lease, take a step back and think about how your business actually uses its space every day. The right location should support your team, customers, storage needs, parking requirements, and future growth.

This week's Business Space Check-In shares five practical questions every business owner should ask before committing to a new lease.

What is the biggest challenge you've faced when searching for commercial space?

Address

1005 Boylston Street
Newton, MA
02461

Opening Hours

Monday	8am - 6pm
Tuesday	8am - 6pm
Wednesday	8am - 6pm
Thursday	8am - 6pm
Friday	8am - 6pm

Telephone

(617) 965-4200

Website

https://www.godinoco.com/

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