"master lease" is a correct and commonly used phrase in written English.
It refers to a type of lease where one party (the "master landlord") holds the main lease for a property and then subleases it to other parties (the "subtenants"). Example: The company signed a master lease for the entire office building, allowing them to sublease individual units to various businesses.
Other tenants said that the master lease speeded negotiations.
lease, but at some point U.S. Steel took over the property under a "master lease".
The master plan is like the master lease: nothing matters but the plan itself.
Leases for the villas fall under Brocon Investment's 99-year master lease.
The mall still had four anchor tenants, and their leases were tied through a master lease held by Equitable.
A $600,000 buyout of the A.&P. master lease was negotiated to occur simultaneously with the closing.
The campus has negotiated master leases with area landlords to alleviate the student housing crunch without needing to invest in new construction in the short term.
"Now that the 80-20 rules have been relaxed," said Margaret D. Baisley, a real estate lawyer with her own practice in SoHo, "those entities who formed these master leases want to take them back, but other investors have come to own them and they don't want to change the scheme, to the detriment of the building".
301 East 64th Street (between First and Second Avenues) Manhattan Master leases, to expire in April 2026, are being offered for four retail spaces -- Gourmet Garage, a nail salon, a tax preparer and a pet shop -- totaling 12,000 square feet in this 18-story 1963 co-op apartment building.
Amazon could support turnkey projects built by local developers with master leases.
The portfolio is geographically diversified such that the revenues provide stable and predictable cash flow from long-term triple-net master leases.
