Sentences with phrase «anchor tenants offered»

So Finger and a group of the other anchor tenants offered the Ferry Building a deal: They would sign leases, but they'd be allowed to exit without penalty if the marketplace wasn't 75 - percent booked after six months.

Not exact matches

The anchor tenant may in turn offer a covenant to open, provided the corollary co-tenancy requirements contained in the lease have been met, and may also agree to continuously operate for a limited time.

However, in order to attract the office supply store, the developer offered a lease provision granting an option permitting the smaller tenant to terminate, pay a reduced rent or other negotiated concession, should the anchor tenant stop conducting business or vacate the center.

Hileman says the company may: * combine the arcade concept with food or liquor; * open a center on a college campus; * locate in a theater, hotel or larger amusement park and share revenue; * increase the size and entertainment offerings of the center so that it can serve as an anchor tenant in a mall; or * position the arcade near other entertainment venues such as ice skating rinks.