May a shopping mall landlord avoid a lease agreement provision reducing a tenant’s rent when the level of occupancy drops in the property?
The California Supreme Court holds rent provisions based on occupancy levels are enforceable.
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Tag: retail
SoCal commercial vacancy rates continue to rise in Q1 2024
Southern California’s commercial market softened even further in the first quarter of 2024.
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SoCal commercial vacancy rates continue to rise in Q4 2023
Southern California’s commercial market softened even further in the fourth quarter of 2023.
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2022 commercial market to be led by industrial and conversions
While office and retail both experienced increased vacancies in 2021, industrial vacancies have hit historic lows.
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Decline meets optimism in SoCal commercial real estate markets
While the seas have calmed following the steep losses of the 2020 recession, the 2021 commercial...
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Industrial is the bright spot for SoCal commercial real estate
Read the details on how industrial, office and retail are faring in SoCal’s major markets during this 2020 recession.
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