Quem somos
SEGALE LLC is a duly registered US business entity, operating under NAICS 531120 — Lessors of Nonresidential Buildings (except Miniwarehouses), with state and local business licenses in force in the jurisdictions where our entities are registered and where we own and lease commercial property. Our management office is located at the address listed in the footer of this website; individual properties are located at their respective addresses and available for on-site tour by appointment with prospective tenants and their brokers.
We lease commercial space to business tenants — professional firms, medical practices, retail concepts, restaurants, distributors, light manufacturers, R&D operations and other business users of commercial space. Prospective tenants engage with us directly or through their commercial real estate broker; every prospective lease begins with a property tour, followed by a Letter of Intent (LOI) outlining commercial terms, and finalized in a written commercial lease agreement negotiated between the parties (and, where represented, their respective counsel).
Prospective tenants tour properties by appointment with a member of our leasing team or through their commercial real estate broker. Leases are negotiated between the parties and, where represented, their respective counsel — the process typically begins with a Letter of Intent (LOI) outlining agreed commercial terms, followed by lease drafting, credit review of the applicant, and final execution.
Como trabalhamos
Each lease is documented in a written commercial lease agreement — premises description, permitted uses, lease term, base rent and escalation schedule, CAM/reimbursement structure, security deposit, tenant improvement (TI) allowance where applicable, insurance requirements, maintenance responsibilities and default remedies. Rent and other charges are invoiced monthly per the lease.
Our most common lease structures are: (i) triple-net (NNN) lease — tenant pays base rent plus its pro-rata share of property tax, insurance and common area maintenance, standard for retail and single-tenant industrial; (ii) modified gross lease — landlord covers some operating expenses, tenant covers others (typical for multi-tenant office); (iii) full-service gross lease — landlord covers most operating expenses up to a base year, with expense escalations passed through above that (common in class-A office). Lease terms typically range from 3 to 10 years for office and retail, and 5 to 15 years for industrial, with renewal options case by case.
SEGALE LLC operates strictly as owner-lessor of nonresidential commercial buildings under NAICS 531120. WE ARE NOT lessors of residential buildings and dwellings (NAICS 531110) — apartments, houses, condos and other residential rentals are subject to the federal Fair Housing Act, state security-deposit and habitability laws, and other residential landlord-tenant regimes distinct from commercial real estate; WE ARE NOT lessors of miniwarehouses or self-storage units (NAICS 531130) — self-storage is a distinct NAICS category with different operational and regulatory requirements and is specifically excluded from 531120; WE ARE NOT real estate brokers, agents or brokerage offices (NAICS 531210) — brokering the sale or lease of real property owned by others requires a state real estate broker or salesperson license, and we do not act as broker or agent for any party other than as principal in leases of our own properties; WE ARE NOT third-party property managers (NAICS 531311/531312) — property management performed for buildings we do not own may require a separate property management or broker license under the law of some states, and we do not provide property management as a service to third-party owners; WE ARE NOT real estate appraisers (NAICS 531320) — appraisal of real property for lending or transactional purposes requires state appraiser licensing (Title XI of FIRREA and state appraiser boards); WE ARE NOT a mortgage lender or real estate credit provider (NAICS 522292) — origination of mortgage loans requires federal and state licensing (SAFE Act, state mortgage licensing acts) and we do not lend money against real property; WE ARE NOT a title insurance company (NAICS 524127) — title insurance is a regulated insurance product issued by licensed insurers; WE ARE NOT a general contractor or construction company (NAICS 236220) — construction and major remodels are performed by licensed general contractors separately engaged; WE ARE NOT a short-term or vacation rental operator (NAICS 721199) — daily and weekly transient lodging is subject to local short-term rental (STR) ordinances, hotel occupancy taxes and different regulatory regimes; WE ARE NOT a timeshare operator — timeshares are subject to state-specific timeshare acts and consumer protection frameworks; WE ARE NOT a Real Estate Investment Trust (REIT) offering securities to the public — REITs are subject to specific SEC and IRS requirements and, if publicly traded, to securities laws; WE ARE NOT an investment adviser — providing advice on real estate securities or investments for compensation requires SEC or state investment adviser registration; WE ARE NOT a law firm — legal counsel on lease negotiation and real estate transactions is provided by attorneys licensed in the applicable state; and WE ARE NOT an insurance agency or broker — insurance is procured through licensed insurance producers.