Retail’s e-commerce and pandemic-charged shakedown has changed the tenant-landlord relationship. Deals have gotten more complicated amid constricted cash flow and rising interest rates, while the scars of rent forbearance and payment disputes have landlords pushing for more stability in their leases, retail industry leaders said Tuesday at Bisnow's National Retail Conference at 1540 Broadway in Manhattan.
“It’s not just about great real estate, it's about great landlords,” said Taryn Brandes, the founder of retail brokerage and advisory firm Brand Urban. “Security and guarantee has been negotiated in a way that I've never, never seen before."Retail tenants hoping to sign new leases will increasingly find themselves on… Read the full story here. |