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How Low Can You Go?

By Ira Fierstein
October 29, 2013

While most professionals are in agreement that the retail industry has recovered somewhat from the depths of the recession, there are still many retailers who are struggling to generate profits, either for their entire enterprise or for specific locations. As a result, these tenants have approached landlords to renegotiate their rent in order to lower their occupancy costs as they struggle to remain open.

Tenant Scenarios

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