Relocation provisions, particularly in retail leases, often spark heated negotiations between the parties. The landlord wants to preserve flexibility to reconfigure its shopping center and/or accommodate the needs of prospective
In the Spotlight: Negotiating Relocation Provisions
Relocation provisions, particularly in retail leases, often spark heated negotiations between the parties. The landlord wants to preserve flexibility to reconfigure its shopping center and/or accommodate the needs of prospective tenants. Relocating can cause uncertainty, disruption and significant hardship for tenants, especially for retail business tenants that highly value location and visibility.
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