• auctusgroup

Rent renegotiations are one tool to keep retail tenants

Forever 21 recently secured rent cuts from some of its largest landlords, allowing it to keep 60 stores open that were originally slated to be closed. Reducing rents or offering concessions can allow mall owners to avoid vacancies at a time when retailers are adjusting to new economic realities.

National Real Estate Investor online (11/14)

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