Often, in enclosed mall settings, a tenant will want the right to perform various marketing services, including, but not limited to, handing out coupons, handing out samples of its product, distributing surveys, distributing brand name items, or
In the course of negotiating a retail lease, landlords are often requested to payfor a portion of the tenant’s cost of construction of the premises. The manner in which the landlord would make such a payment is commonly done by way of a
While all retail leases pose an array of issues to the landlords and tenants involved in those leases, retail leases that involve restaurants pose certain other issues that must be addressed in order to avoid surprise costs, liabilities and
In order to protect against a shopping center becoming less populated with retail department stores or so-called “anchor” tenants, tenants will request, and frequently obtain, co-tenancy provisions in their lease documents. While the co-tenancy
When considering a new lease for a single use property, generally the tenant of the property will want to consider their “exit” strategies at the time of the initial negotiation of the lease. Potential “exit” strategies may include: assignment
In most shopping center leases across the country, there is a provision that relates to the landlord’s right to modify, change, add to, subtract from, and/or alter the size, dimensions, character and construction of the shopping center.
Often in leases, particularly retail leases, the tenant seeks to protect the area immediately in front of its store location concerning accessibility and visibility. In that regard, landlords and tenants create language that prevents the
In order to meet construction schedules, opening date projections and cash flow targets, often a tenant must consider whether it is willing to commence construction without having an executed lease or agreement in place. While this decision may