Cotenancy

Define “National Retailer” in Cotenancy Clause

April 25, 2011    

A smaller tenant that's negotiating a lease for space in your shopping center may want to negotiate a cotenancy clause that requires you to rent to a “national retailer.” You may be willing to include such a clause, especially if you're already negotiating a lease with a...

Clearly Defining “Gross Leasable Area” in Opening Co-Tenancy Provisions

January 25, 2011    

Q Several tenants have already moved into the shopping center I own, although parts of the center are still under construction. When the project is complete, the center will consist of five freestanding buildings. One tenant's lease has an opening...