Online Alerts

If you grant a license to kiosks and carts to conduct business at your center, make sure that you audit the books and records of a set percentage of those kiosks and carts each year to verify their gross sales. It’s not uncommon for kiosks and carts to submit gross sales statements that...

Making a profit from tenants at your shopping center or mall depends on many factors—one of which is the key percentage rent arrangement. Percentage rent allows you to collect not only base rent, but also a percentage of the tenant’s gross sales done at the space it leases from you....

If you own a mixed-use building that has retail stores on the ground floor and residential units on the floors above, with the ground floor specifically zoned for retail use, be aware of additional lease considerations. Namely, you’ll need to factor in the potential for zoning changes in...

The standard lease form that you use might require a tenant to add you to its commercial general liability (CGL) policy as an “additional named insured.” You might think that this additional named insured status gives you the same rights as the tenant under its CGL policy, and that...

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...