Steinhafel bought everything, essentially committing the company to opening stores as quickly as possible to avoid paying rent on stores that weren't operational and leaving landlords
without anchor tenants.
For retail centers
without an anchor tenant (i.e. «strip centers») either of the Standard Industrial / Commercial Single Tenant leases is more appropriate.
Without an anchor tenant, lenders regarded the endeavor as risky and would lend only about two - thirds of the small project's cost.
Not exact matches
Target landlords RioCan and Morguard — which between them owns nearly all of the locations Target occupies — now finds itself
without a major
anchor tenant at more than 100 locations.
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.
Even where a provision is subject to Ch 1, it may still be treated as exempt if it is reasonable and brings economic and consumer benefits (eg a restriction in a shopping centre lease necessary to attract an
anchor tenant without whom the centre would not be viable).