It doesn’t get better than the landlord’s standard lease. Seriously. The language in the standard lease is typically the best the landlord can possibly do because changes negotiated from its standard almost always favor the tenant. A landlord doesn’t have a standard lease form and then have the ability to say “We are going to… Continue reading The landlord’s best case scenario – Its standard lease

Lately, we have spent a fair amount of time focused on cotenancy provisions – specifically monetizing the impact of these clauses (think “How much minimum rent will we lose in the first 12 months if Sears closes?” What percentage of our tenants have the right to close if Sears closes.”). With the number of department… Continue reading Cotenancy and the importance of “Acceptable Replacement” language