Commentary: In a Tough Economy, Creative Lease Restructuring Can Be a Win-Win
The Daily Record (Baltimore) › November 13, 2010
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Summary
As the economic downturn persists, tenants continue to seek relief by approaching landlords with requests for substantial lease concessions. Typically, landlords are reluctant to renegotiate the terms of a previously negotiated and enforceable lease. When faced with the possibility of the loss of a valuable tenant, however, landlords often have no choice but to consider restructuring existing leases.
In the context primarily for retail space, certain creative techniques and considerations in lease renegotiations are available from both the landlords' and tenants' perspective.See the full content of this document
Extract
Commentary: In a Tough Economy, Creative Lease Restructuring Can Be a Win-Win
Landlords should take into account the following factors in any lease restructuring:
The adverse impact of a dark store in a retail centerThe importance of the tenant as a draw for other tenants' ...See the full content of this document
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