commercial real estate · Malls · Retail leases · Shopping Center · Uncategorized

The percentage rent unicorn revisited

A while back, we had addressed the “percentage rent unicorn” – that landlord dream within a dream (Hopefully, you are thinking The Princess Bride right now) – where landlords can bill percentage rent over a monthly breakpoint with no annual reconciliation. It is not something we see often, but when we do, it often leads… Continue reading The percentage rent unicorn revisited