Commercial Tenancies and Mitigation Strategy

Commercial Tenancies and Mitigation Strategy

Commercial Tenancies Commercial tenancies are governed by statute and the terms of lease. This blog discusses two provisions in commercial leases addressing damages and mitigation issues that arise when tenants prematurely cancel their lease. California Civil Code...
Negotiating Commercial Lease Co-Tenancy Clauses

Negotiating Commercial Lease Co-Tenancy Clauses

There are a couple of issues to look for when negotiating co-tenancy clauses in commercial leases. Retailers like Macy’s, J.C. Penney, Sears, and Toys-R-Us are considered “anchor tenants”; big-name businesses that bring traffic to a shopping center. Because anchor...