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Anchor CAM Contributions in Mixed-Use Properties
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LEASE GOVERNANCE

Anchor CAM Contributions in Mixed-Use Properties

March 19, 2026 · 6 min read · Trevor Romoff

Anchor tenants in mixed-use properties frequently negotiate capped or fixed CAM contributions that shift the residual cost burden to smaller tenants. When those anchor caps are not enforced in reconciliation calculations, the cost shifting fails to execute — either over-collecting from anchors or under-collecting from inline tenants depending on the direction of the error. The calculation is sensitive enough that even minor errors in the anchor's allocated share propagate through every other tenant's reconciliation statement.

Enforce Anchor CAM Caps in Reconciliation

Firststreet extracts anchor CAM contribution terms from mixed-use lease language and verifies their enforcement in reconciliation calculations, so cost-shifting provisions execute as negotiated.

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Further Reading Shared Area Allocation in Mixed-Use Properties → Multi-Component Escalation in Mixed-Use Leases → Mixed-Use Lease Governance: How Firststreet Addresses Mixed-Use Portfolio Risk →