Law360 (October 11, 2018, 4:58 PM EDT) -- Recent market trends are dramatically affecting commercial leases. Whether it’s retail, warehouse or office space, commercial leasing in 2018 presents both challenges and opportunities to landlords and tenants alike. Real estate brokers, consultants and attorneys are adapting on the fly to this rapidly changing marketplace.
Consumers’ increasing preference for online purchases is having a ripple effect on leasing markets. Internet purchases are growing exponentially and eroding purchases that traditionally were made at brick and mortar retail stores. Retailers are closing underperforming locations and opening fewer new stores in retail centers. Several large national retail chains have filed for bankruptcy protection in...
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