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As retail wanes, mall tenants want shorter leases

Retailers are pushing for lease renewals as short as a year or two - down from five to 10 years
Tuesday, June 13, 2017 - 05:50

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Complicating the lease-length issue is the question of which retail malls will still be around in a decade.

Washington

AS if malls didn't have enough problems, count one more: retailers looking to slash the duration of their leases.

After more than a dozen bankruptcies this year contributed to thousands of store closures, visibility for the industry is so poor that retailers are pushing

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