Real Estate Advisor Law Blog

Real Estate Advisor Law Blog

Tag Archives: leasing

A Restaurant Lease is a Unique Dish

Posted in Leasing Issues
I have previously commented about the similarity in service between a restaurant and law firm (see prior blog). One area where restaurants differ from other businesses is the issues presented in a retail lease. A restaurant lease involves unique issues which must/should be dealt with, some more monetarily significant than others. But don’t underestimate the… Continue Reading

A Lesson in Ground Leasing

Posted in Leasing Issues
So I don’t know about you, but every time I turn on NPR lately there is some discussion about President Trump’s conflict of interest because of his Washington D.C. Hotel built in the former U.S. Post Office with a ground lease from the GSA. For those of you who do not spend your days analyzing… Continue Reading

A New Cycle?

Posted in Leasing Issues
iStock_000013201412XSmallIt seems like lease issues come in cycles: seemingly out of nowhere, a particular issue that may have never been a concern on previous leases arises suddenly only to disappear once again. Is the rise to prominence of a certain issue indicative of something larger at play? Here are the issues I seem to be facing… Continue Reading

Cincinnati Commercial Real Estate Summit

Posted in Retail Industry Issues, Uncategorized
I just attended the Midwest Real Estate News Magazine Cincinnati Commercial Real Estate Summit. I heard a very interesting discussion about the Cincinnati real estate market, addressing retail, office, industrial, healthcare and investment properties. Norm Khoury of Colliers International was the moderator. John Thompson of Newmark Grubb Knight Frank discussed retail issues. John commented that… Continue Reading

It’s the Law

Posted in Leasing Issues
I have been told this is a Real Estate Law Blog and that it might be time to blog about real estate law for a change. I know wine and grilled cheese donuts may be more interesting, so bear with me while I transgress. I just attended and spoke at the International Council of Shopping… Continue Reading

Donuts Aren’t Just For Breakfast Anymore

Posted in Leasing Issues
I am attending the Tom + Chee franchisee convention to explain how we can help the franchisees in securing satisfactory leases for their new locations. Tom + Chee is a fast growing franchise with approximately 40 stores open. There should be one near you or coming to a location near you. Tom + Chee obviously… Continue Reading

Strip Mall Deja Vu !

Posted in Leasing Issues, Retail Industry Issues
 Fortune Magazine  recently published an article relating to a conversation with the CEO of Kimco Realty, Dave Henry.  Henry makes some very compelling arguments as to why strip malls and brick and mortar retail in general is here to stay for a while and why the population demographics will continue to provide ample support. Henry… Continue Reading

Leasing Trends in 2013

Posted in Retail Industry Issues
It is now apparent that retail drives our economy. Instead of bashing indulgent consumption, it is time to embrace it. As we approach the holiday season then, it might be a good time to take note of the trends from 2013. 1.      Return to the City or Something Resembling Downtown. The new retail “centers” are increasingly not… Continue Reading

Need Allowance for Allowance

Posted in Leasing Issues
Landlords and their lenders need to rethink their position on payment of construction allowances. The rental structure of a lease is based in part on the amount of the allowance. If a tenant receives no allowance, the lease would undoubtedly provide for a lower rent payment. A portion of the rent is repayment of the allowance… Continue Reading

Five Points to Consider When Leasing Construction Equipment

Posted in Construction Related Issues, General Business Issues, General Legal Issues, Leasing Issues
    As the construction industry starts to rebound from a down market, rentals of project equipment are on the rise. Whether you are an owner, principal contractor, or specialty trade subcontractor, you may very well be renting equipment for use on an upcoming project. Here are five important points to bear in mind:  … Continue Reading

Co-Working Office Space

Posted in Development Issues, General Business Issues, Leasing Issues, Office/Industrial Issues
As more workers and entrepreneurs are requiring space to hold meetings and appointments outside the company office, there is a growing need for locations away from homes in which to "plug in", make phone calls without the background music and noise of a Starbucks or other such cafe. The industry which addresses this need is referred… Continue Reading

Taking Advantage Can Be Disadvantage

Posted in Leasing Issues
A recent off hand statement by a Landlord’s attorney got me thinking. I was representing a national retailer in a lease negotiation. We got to an issue that sophisticated landlords typically ask for and most retailers typically concede.  Our client, however, does not typically concede the issue.  The issue has unique meaning for our client because… Continue Reading

Retail Trends We See

Posted in Retail Industry Issues
Toys R Us is leasing a large number of sites on a temporary basis: smaller stores and only for the Christmas season. Temporary leasing might be a trend to capitalize on, especially where you have vacant space in a decent geographic market.  And if you can combine it with a different, complimentary seasonal concept (ice cream… Continue Reading

Creative Leasing

Posted in Leasing Issues, Office/Industrial Issues
Vacancy rates are up; occupancy rates are down.  This spells opportunity for tenants and challenges for landlords.   The instinct which once prevailed in the real estate industry was to "go for the jugular" and cut the best deal you possibly can.  But real estate professionals know that today’s "tenant market" will become tomorrow’s "landlord… Continue Reading
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