Leasing

We understand in any lease transaction, whether from the owner or the tenant’s perspective, the written agreement must reflect an understanding of the business actively operating in the leased premises to serve either party’s competing interests well. This is why the lawyer representing either side must have the knowledge and experience to understand the economic and operational issues that inevitably arise in the lease term and provide for it in the document. Our lawyers’ knowledge and understanding of the business issues and the law equips them to provide the guidance and counsel that our clients have come to rely on. For example, our experience has encompassed issues, such as:

• percentage leases in restaurant and retail businesses;
• leasehold improvement financing with the lease, itself, and/or the improvements as security;
• allocation of lease obligations including taxes repairs and maintenance attributable to the premises and common areas;
• use restrictions as a function of tenant’s need for growth and flexibility and owner’s need to protect investment in the property;
• shopping center-specific issues including foot traffic assurances, cross parking easements;
• casualty and condemnation protections;
• “big box” warehousing and distribution concerns;