5 Key Factors For Retail Tenants In Property Upgrade Talks
Law360, New York (January 30, 2015, 3:38 PM EST) -- As e-commerce continues to upend the brick and mortar store model, retailers are increasingly gaining the upper hand in tenant improvement negotiations, and in an attempt to land key retailers at their properties, landlords are allowing more and more of such provisions in leases.
While the general shift is toward more bargaining power for the tenant, certain factors, such as how well-known the tenant is and where the property is located, determine just how much leverage the tenant will have when seeking permission to customize its space.
Here, Law360 looks at five considerations that may influence how much pull a tenant...
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