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Retailers and landlords negotiate leases based on new realities

The Wall Street Journal 06/16/2021

Retailers and landlords worked out leases that included lower monthly rent payments plus a percentage of sales in response to new realities created by the outbreak of the novel coronavirus in 2020. Those terms, it appears, were not a short-term fix. Parties are engaging in more of these types of leases as the economy reopens and the threat from the pandemic wanes.

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