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Retailers Have a Limited Window to Renegotiate Leases

By Michael Wiener, President of ExcessSpace Retail Services Not all landlords agree that tenants have leverage regarding the negotiation of lease terms. While the future remains uncertain especially due to a number of factors including rising interest rates, supply...

Retail Sales Up

Sales volume is improving at many shopping centers, despite customers’ briefer store visits. The trend runs contrary to a retailing maxim that longer dwell time goes hand in hand with increased spending. The shift has landlords wondering whether the trend is a...

Lease Accounting Changes Effect on Retailers

Retailers might soon be forced to recognize a higher lease liability on their balance sheets. John Meedzan of Technology Management does a great job explaining:   The Financial Accounting Standards Board (“FASB”) and the International Accounting Standards Board...

Frequently Asked Questions About Lease Auditing

Why can’t my internal accounting team perform my lease audit? Because lease auditing is a real estate function, not an accounting issue. You need the knowledge and experience necessary to uncover and successfully recover variances from real estate industry standards....

Fighting Occupancy Cost Overcharges

Ahhh, the joys of managing leases.  It’s like herding cats through a field of mice sometimes. Even though I’m a “dog guy”, we have 2 spoiled, lovable cats that I sometimes think were landlords in a past life, only without the opposable thumbs, Bluetooth device and...

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