Michael Angelo's renowned Wonderland Beauty Parlor, one of the first ever beauty salons in the Meatpacking District, leased
2,200 s/f of retail space.
In limiting this allocation congress is following a line of cases recognizing that a portion of the cost of acquiring leased
property can be attributed to the leasehold itself when the lease has a "premium value.
Grants the lessee the right to approve of any material changes to any common area or access to the leased
premises that could impact the value and beneficial use of the lease.
Mathematically, it is the rate that causes the sum of the present values of the rents payable and the residual value to equal the capital cost (present value) of the leased
Republic Park 8 was approximately 70% leased
when the Company acquired the property in September 2006.
Also, almost all leases address the subject of returning the leased
property, including refurbishment, modification, storage, shipping and crating responsibilities.
Substantially all the SPE's activities involve assets to be leased
to a single lessee.
The 235,000 s/f, class A office building is 100 percent leased
Ventas has reserved its right to exercise any and all rights and remedies under the Master Lease Agreements including, without limitation, the right to terminate the Master Lease Agreements for all or individual leased
Cold Stone Creamery has leased
1,711 s/fat the CVS-anchored center in upscale Chatham, N.
At Aviation Plaza, which Levin leases and manages on behalf of SSR Realty Advisors, 8,350 square feet was leased
to Southern Smokehouse, which joins restaurateurs Boulder Creek, Appleby's, Checkers and Starbucks.
Consequently, tenants should obtain renewal options so their premises are not leased
out from under them.