Real Estate/Development
Sep. 11, 2014
Big box closures cause conundrum for real estate lawyers
As economic factors and consumer choices spell doom for many big box locations, landlords and lawyers must consider carving up the facilities even as they face a growing set of challenges.
Daily Journal Staff Writer
As the retail industry transforms, real estate lawyers in California are facing a growing number of empty big-box stores. As Internet retailers gain prominence and consumer tastes change, many landlords of large retail centers, who depend on their largest tenants to attract consumer activity to their premises, are finding themselves in the dilemma of having to acquire new tenants for the large vacated facilitie...
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