RBN News

The State of Retail Real Estate

So, the question isn’t if retail is dead. It clearly isn’t and is going to be around for a long time. The question is what was missing that caused those 30k or so retailers to shutter instead of survive and thrive? The answer can be synthesized down to one word: INNOVATION

Site Selection: Google Earth Isn’t Telling You The Whole Story

Site Selection: Google Earth Isn’t Telling You The Whole Story

There is a major retail corridor in Alabama dotted with every major restaurant brand and retailer in the region. There are 90,000 vehicles per day, an interstate interchange, 6 million square feet of office space, a major lifestyle center, a major hospital and the residential growth just keeps going.

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Is Force Majeure A Reason to Break a Commercial Lease?

Is Force Majeure A Reason to Break a Commercial Lease?

With the onset of the global pandemic, questions related to lease clauses involving force majeure—literally, “superior force” but often interpreted as “acts of God”—loom in retail real estate: Does the pandemic qualify as a force majeure event? If so, are tenants justified in declining to pay rent? What protection do these clauses provide to landlords?

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