by brentlevison | Jun 12, 2026 | Tips
A shopping center’s foot traffic often depends heavily on one or two anchor tenants — a grocery store, a major retailer, a movie theater. When an anchor leaves, smaller tenants can see sales drop sharply through no fault of their own. A co-tenancy clause is the...
by brentlevison | Jun 9, 2026 | Tips
Imagine signing a lease for a coffee shop, only to have the landlord lease the space next door to a competing coffee chain six months later. An exclusive use clause is the tool that prevents this — and it’s one of the most valuable protections a retail tenant...
by brentlevison | Jun 4, 2026 | Tips
Common in shopping centers and malls, percentage rent is a lease structure that ties part of a tenant’s rent obligation directly to how much revenue the business generates. For retail tenants, understanding this structure — and negotiating it carefully — can...
by brentlevison | Jun 2, 2026 | Tips
Moving into a commercial space rarely means moving into a finished one. Whether it’s a raw retail shell or an office that needs reconfiguring, buildout costs can run into six figures. A tenant improvement allowance — often shortened to “TI allowance”...
by brentlevison | May 30, 2026 | Tips
Forming an LLC or corporation is supposed to protect your personal assets from business liabilities. A personal guaranty on a commercial lease can undo that protection — at least with respect to the lease itself. Many tenants sign one without fully understanding what...
by brentlevison | May 27, 2026 | Tips
Business circumstances change. A location stops working, a company merges, a founder exits, or a business simply outgrows its space. When that happens, tenants often want to transfer their lease obligations to someone else — through an assignment or a sublease....
