In this EXCLUSIVE video interview, Stan Johnson Company's Shan Gastineau and Jeff Tracy explain why users big and small are finding opportunities in sale-leaseback deals.
I believe that percentage rent only clauses for retail leases will become very common during the next few years and will add a new level of risk to retail owners and investors.
Many property owners have managed to keep loans current without seeking relief during the pandemic, but that doesn't mean they won't fall into distress.
The lease renewal agreement follows ATCO Properties & Management's recently completed, multi-million dollar capital improvement program at the office property.