ATLANTA—Most outlet mall leases has some provision regardingco-tenancy—and that's just the beginning of the legal issueslandlords need to consider. GlobeSt.com caught up with LoriKilberg and Benno Rothschild, partnerswith Hartmon Simons, an Atlanta-based commercialreal estate firm, to get their take on legal issues and challengessurrounding outlet mall developments in part two of this exclusiveinterview. You can still read part one: Inside the Outlet MallBoom.

Globest.com: Is there a certain kind of retailer that ismost likely to want to rent space at an outlet center?

Rothschild: The most important tenants foroutlets are going to be fashion retailers for the most part, thoughhouseware retailers such as Le Creuset, Williams Sonoma and PotteryBarn are rapidly becoming more prevalent as well. One of thereasons retailers find outlet sites so appealing is that, ingeneral, they have a less expensive rent structure and reducedoperating costs, making them more profitable than full-pricedstores.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.