Malls · Retail leases · Shopping Center · Uncategorized

Gross sales/percentage rent considerations when backfilling a department store/big box

Site plan of King of Prussia Plaza from the early 1960s with an Acme Supermarket: Since the 1970s, it has not been common to see certain types of tenants in regional malls as department stores enforced certain types of use restrictions that existed in their leases (often to protect parking). ¬†However, as closures of former… Continue reading Gross sales/percentage rent considerations when backfilling a department store/big box