Not exact matches
Building more new malls means department
stores, which often
pay a large part of the
lease, could move out, making it harder for the mall to survive.
A place where growers or traders can
pay a small fee for services such as having their produce cooled and / or
stored for a few days before marketing,
leasing a small insulated transport vehicle, or using a solar dryer to produce dried fruit or vegetable snack products, etc..
«When our
lease came back up for renewal the property owner notified us that they chose a tenant who was willing to
pay rents far in excess of what we were willing to
pay,» Deason added, referring to the Bayside
store which is located within the Bay Terrace complex.
The company
leases its
stores on long term contracts and needs to
pay rent regardless of business performance.
Many
stores allow you to rent or
lease computers, electrical appliances or other household goods if you don't have the cash to
pay for it upfront.
Formatted and loaded electronic invoices to
pay items such as phone invoices, auto
leases, postage meters, trash service, and
lease / rental payments for over 1,400
store locations
A third method of bringing in a hesitant tenant is to allow the
store to
pay an early termination fee in order to exercise an option to terminate its
lease at a specified 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.
But now the concessions, which can
pay for anything from lighting and displays to a complete overhaul, are becoming a key component in some new
leases, particularly for large, flagship
stores in high - profile areas, such as Madison Avenue and Fifth Avenue, according to Steve Soutendijk, an executive director at brokerage Cushman & Wakefield Inc..
For the particular
store in this case, CVS
paid a
lease of $ 27.20 / SF per year ($ 272,000) They argued that «market rent» was $ 10.00 / SF per year ($ 100,000).
«If we were to get these
stores back, we are confident that we could probably
lease them again at rents over what Kmart is
paying.»