Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $15,511
19%  
Woo hoo!! And we're now over 19%!! Thank you all very much!! God bless.

Keyword: cotenancyclauses

Brevity: Headers | « Text »
  • Denver-area stores squeeze landlords ( co-tenancy clauses )

    07/26/2009 12:53:17 PM PDT · by george76 · 66 replies · 1,001+ views
    The Denver Post ^ | 07/26/2009 | Margaret Jackson
    When big-box retailers close, other tenants look to shift or end leases. Vacant big-box retail space in shopping centers throughout metro Denver has left many neighboring retailers combing through their leases and looking for a way out. Many retail leases contain provisions known as "co-tenancy" clauses. The clauses take many forms, with some requiring a certain percentage of a shopping center to be leased and others naming specific retailers or categories that must remain open. If the conditions aren't met, the remaining tenants in a center can demand rent reductions or leave altogether. In other cases, tenants who are preparing...