Arnall Golden Gregory’s Retail Industry Team would like to thank those that joined us for our Annual Breakfast Briefing “Hot Topics for Commercial Property Owners and Managers” on December 5, 2017. We hope that you found the session valuable. The discussion covered some of the latest issues facing commercial property owners and managers. Some of the issues come from what our attorneys learned at the ICSC Law Conference. Most, though, come from our experiences representing owners, developers, property managers, and tenants of commercial real estate. For the benefit of those who were unable to attend, and as a recap for those who joined us, we are providing a discussion of each topic below.
Unfortunately, commercial tenant bankruptcies have become common and are likely to continue. As a commercial landlord, what are your rights and what should you do when your tenant has just filed for bankruptcy protection? A landlord’s rights and obligations in bankruptcy are complicated and require case-specific review and analysis; however, this article addresses some of the major issues a commercial landlord needs to consider when faced with a commercial tenant’s bankruptcy.
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As restaurants gain popularity as the flashy new anchor tenants in real estate developments, a number of restaurant-specific lease concepts will arise in lease negotiations for a well-planned restaurant space. The importance of certain concepts have been heightened as the development of mixed-use properties has accelerated. Being aware of these concepts and thoroughly contemplating them during lease negotiations will add clarity and certainty when the Lease is turned over to property management after opening night. More >
Property managers are usually the first point of contact when tenant problems arise. As the facilitator of the landlord and tenant relationship, property managers must take steps to prevent, address and deescalate tenant concerns. Through AGG’s work with landlords, tenants, and property managers we have observed that property managers who implement the following practices are more successful in dealing with tenant issues, avoiding legal expenses, and staying on budget. More >
