Use and exclusive clauses in variety store leases
Article Abstract:
Variety stores present shopping center landlords with the challenge of creating a lease with a use and exclusive clause that allows for only one variety store in the center. Another problem facing landlords is the difficulty of determining a definition of a variety store. Specialized stores and supermarkets in competition with variety stores often demand leases restricting the sale of competing goods and services at the variety store. A variety store exclusive clause usually restricts another variety store, junior department store, or a discount department store from opening.
Publication Name: Real Estate Review
Subject: Real estate industry
ISSN: 0034-0790
Year: 1997
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Use and exclusive clause problems of the TBA
Article Abstract:
Tires, batteries and automobile accessories store leases are difficult and time-consuming to negotiate. It is important to take the time and the effort to do a good job negotiating these leases because it is difficult to find good locations and creditworthy tenants. Tenant and landlord perspectives in these negotiations are included.
Publication Name: Real Estate Review
Subject: Real estate industry
ISSN: 0034-0790
Year: 1996
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Record store use and exclusive clauses
Article Abstract:
Exclusive clauses should be drafted carefully by landlords. A 'record store' is a type of retailer that continues to change as the media it sells continues to change and its exclusive clauses also continue to change. Merchandise restrictions in exclusive clauses can cause difficulties for all retailers and their landlords.
Publication Name: Real Estate Review
Subject: Real estate industry
ISSN: 0034-0790
Year: 1998
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