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Seasonal retailers, from Halloween costume shops to holiday gift stores to tax preparation offices, run their entire year on a few intense weeks. Their leases are unlike ordinary...
Pop-up shops have moved from novelty to a permanent feature of the retail landscape. Brands use them to test markets, launch products, and build buzz; landlords use them...
A pad site is a freestanding parcel, usually at the edge of a shopping center's parking lot or along its street frontage, leased or sold for a single-tenant...
For quick-service restaurants, coffee chains, and pharmacies, the drive-thru is often the engine of the entire business. National operators report that drive-thru orders can account for more than...
Outparcels, the freestanding lots along the perimeter of a shopping center, are some of the most valuable pieces of retail real estate. Banks, restaurants, and coffee shops pay...
Anchor tenants are the department stores, grocers, and large format retailers whose presence draws the foot traffic that sustains an entire shopping center. Because they drive the center's...
Walk through any regional mall and you will see them: small kiosks and carts selling phone accessories, jewelry, pretzels, and seasonal gifts from the middle of the walkways....
For restaurants in shopping centers, the food court is both an opportunity and a battleground. High foot traffic comes with intense nearby competition, and the difference between thriving...
Percentage rent audits are how shopping center landlords verify that tenants are reporting gross sales accurately and paying the full percentage rent owed. For landlords, audits protect a...
Gross sales reporting is the engine that makes percentage rent work. In retail leases, landlords collect base rent plus a percentage of sales above a breakpoint, but that...