Prevent Detrimental Effects of Large National Tenant's Use Change
Owners who lease space to large national retail tenants know that their demands can be hard to resist. Use of the space is the number one concern for these tenants. Often, they ask for flexibility in their use of the space that puts owners at a disadvantage. A lease that allows a tenant to use the space for a wide variety of uses—such as “for any lawful purpose” or “any lawful retail purpose”—can be troublesome.