August 29, 2019

Just when retailers thought the challenge of the Great Recession was finally behind them, another challenge - lurking for years – is rising fast: Amazon. 

Hundreds of articles have been published with advice on how “brick and mortar” retailers can differentiate their ph...

September 19, 2018

Just when retailers thought the challenge of the Great Recession was finally behind them, another challenge - lurking for years – is rising fast: Amazon. 

Hundreds of articles have been published with advice on how “brick and mortar” retailers can differentiate their ph...

June 6, 2018

During a lease negotiation, the retail tenant likely will spend the majority of its energy focusing on the business terms in the lease - such as rent, term, TI allowance, security deposit.

The tenant also should spend some time thinking about its operation in the premis...

April 3, 2018

A radius restriction is a restriction put in place by a landlord when it charges percentage rent.  The radius restriction prevents a tenant from opening another store within a certain radius of the leased premises. 

Purpose

The purpose is to prevent tenant from open...

October 23, 2017

The permitted use provision in a lease will state the specific things for which tenant can use the premises. 

An office landlord likely will limit the permitted use to office uses.  A retail landlord will try to limit the permitted use section to only those uses that re...

October 18, 2017

The length of the lease term is a business decision that needs to be negotiated with the landlord, reviewed with the broker, and analyzed internally. 

It should be a length that makes sense with respect to the tenant’s business and growth plan.  It also should be a leng...

October 15, 2017

In leases, the rented space is measured on a square foot basis, and the rent is calculated on dollar-per-square-foot basis.  This much is known and is pretty obvious to most people.

Drilling down a bit, leases become more complicated when the question is asked: ‘how is...

August 29, 2017

Just when retailers thought the challenge of the Great Recession was finally behind them, another challenge - lurking for years – is rising fast: Amazon. 

Hundreds of articles have been published with advice on how “brick and mortar” retailers can differentiate their ph...

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