Landlords Receptive to Rent Restructuring When Tenants Give Good Reason to Say "Yes" (7/22)

Published Wednesday, July 22, 2009

(Each month, Site Optimizer discusses industry trends—most importantly, leasing issues—with experts in the retail real estate industry in our Tenant's Perspective interviews.) With so many retailers struggling with low sales due to a recession now in its second year, asking for a helping hand from the landlord is becoming more and more common. And as vacancy rates rise and rents for shopping center space fall, more and more landlords seem willing to consider granting a reprieve. Bill Sullivan is partner at the real estate and financial restructuring firm Huntley, Mullaney, Spargo & Sullivan LLC. The company works to ...

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