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Applying the K.I.S.S. method in leases
Blog 3 weeks ago
Applying the K.I.S.S. method in leases

“Keep it simple, stupid!” That hits home so often as I am reading leases. I have taught classes for ICSC for nearly 25 years. One of my favorite...

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Could this be worse than a Most Favored Nations clause?
Blog 1 month ago
Could this be worse than a Most Favored Nations clause?

We have addressed the Most Dreaded Lease Clause a few times over the past couple of years. We have also addressed another lease language concept –...

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Two words that STILL don’t exist in commercial real estate (this time related to sales reporting and percentage rent)
Blog 1 month ago
Two words that STILL don’t exist in commercial real estate (this time related to sales reporting and percentage rent)

Last year, upon returning from ICSC’s John T. Riordan School of Professional Development in Minneapolis, I felt the need to write a blog entry on...

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The percentage rent unicorn revisited
Blog 2 months ago
The percentage rent unicorn revisited

A while back, we had addressed the “percentage rent unicorn” – that landlord dream within a dream (Hopefully, you are thinking The Princess Bride...

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Premises trash and utilities vs. common area trash and utilities
Blog 5 months ago
Premises trash and utilities vs. common area trash and utilities

It is not uncommon for a landlord to provide or arrange services for the actual tenant premises within a shopping center. Perhaps the tenants are...

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Extending a lease term – by exercise of option or amendment
Blog 5 months ago
Extending a lease term – by exercise of option or amendment

Exercising an option that was granted in a lease with no change in terms should be a fairly simple exercise as specifically defined in the lease –...

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Cotenancy and the importance of
Blog 2 years ago
Cotenancy and the importance of "Acceptable Replacement" language

How to avoid a permanent cotenancy failure Cotenancy and the importance of "Acceptable Replacement" language Meridian Realty Consultants, Inc.

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