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In the 1990s, dry cleaners became the retail tenants landlords loved to hate. And for good reason: research showed that perchloroethylene, the primary solvent used by the dry cleaning industry, was a dangerous contaminant. Though solvents used by...
Over the past decade, shopping center owners have viewed management fees as an important new source of CAM revenue. Although management fees can quickly raise millions of dollars, this solution to a landlord's cost problems may end up to be too...
Tenants pay rent with the expectation that they will be able to occupy and use a space for the term of the lease. But sometimes events occur that interfere with a tenant's ability to use its space. One such event is a utility interruption. Should...
entertainment-enhanced real estate has fast become the solution to aging malls and urban centers and an attractive alternative to traditional mixed-use developments. Retail entertainment centers have mushroomed - from 7.5 million sq. ft. in 1995...
That compelling statistic commands attention among real estate professionals in the sale-leaseback arena, particularly in light of corporate America's increasing desire to free up its balance sheet and focus on core competencies...
If one were to write a book on the history of title insurance, early chapters would trace the evolution of regional companies to ones with more of a national scope. And the possibility of global expansion of title services - although still...
MINNEAPOLIS - The success of Target Stores reached a new milestone Jan. 31. As the opening bell sounded on the New York Stock Exchange, Target Corp. marked its first day of trading under the ticker symbol TGT...
Leases for space in strip, community and power centers often contain use restrictions. The landlord has an interest in maintaining a certain quality of tenant mix and therefore restricts the uses of its tenants. Tenants also want to impose...