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It is common practice for there to be an escalation clause in commercial and industrial leases. The clause allows the landlord to increase the rate of rent according to a specific timeline or as a result of certain triggers within the lease and may be fixed or variable. Escalations may occur annually on the anniversary of the lease commencement date, on multiple year intervals during the lease term or in connection with lease renewal options. The increase amounts could be by specific dollar amounts or on a percentage basis. continue