Get Right to Adapt to Market with Flexible Use Clause

Get Right to Adapt to Market with Flexible Use Clause



You know that your success in the strip mall or shopping center where you rent space largely depends on the mix of tenants there. Tenant synergy—that is, stores functioning together to draw shoppers that a center normally wouldn't capture without them as a group—can make or break a tenant's and a center's profitability. That's why good owners devise a strategy to have each tenant commit to continue operating the same way—selling the same type of goods or services—that fits that plan.

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