The rent commencement date establishes two of the tenant's most important obligations: the duty to pay rent and, if tenant has covenanted to open and operate, the duty to open for business. In negotiating a rent commencement date, the landlord...
The tenant's right to change the trade name of its store in a shopping center during the term of a lease is often hotly contested in lease negotiations. It is such a controversial issue because what trade name is used on a retail store affects the...
Among other duties, Nate Fishkin oversees the identification, planning and development of Main Street-style projects for Rockville, Md.-based Federal Realty Investment Trust. Fishkin, who is passionate about the trend, talked with SCW about...
the first and largest Bass Pro Shops Outdoor World Showroom, located in Springfield, Mo., may be the most visited store in the country. Every year, the 300,000 sq. ft. Springfield showroom attracts more than 4 million visitors, making the store...
Retailers are constantly striving to distinguish themselves from the competition. One way to do this is by targeting a specific audience. With addresses in swank locations such as Beverly Hills, Santa Monica, Santa Barbara and Atlanta's Buckhead...
Commercial real estate brokerage has been infused with a change of ingredients in recent years. Specifically, the traditional method of compensating brokers by commissions has begun to weaken. Other methods of compensation - such as retainers...
One of the tricks, says Allied-Spectaguard's Jim Joly, is to keep a center secure while removing the armed-camp veneer. "We've gotten away from the cops and robbers mentality," says the Boston-based vice president of mall services...
Few boilerplate lease provisions arouse retail tenants' concerns as much as relocation clauses. Even for tenants making few changes to draft leases from landlords, one change often will be crossing out any relocation clause altogether. This...