Hartman Simons' Puerto Rico Hurricane Relief Hurricane Maria caused an estimated $95 billion in damage to Puerto Rico. This natural disaster left many without basic necessities to survive. During this time of need, Hartman Simons, Weingarten Realty, DDR Corp., and Borghese Investments teamed up to provide support to the citizens of Puerto Rico. On [...]
Another successful Hartman Simons’ ICSC SE Party. Fun was had by all! Hartman Simons, Branch Properties, LLC and Colliers International are excited to host a memorable evening celebrating this year’s ICSC SE Conference. Join us at The Battery and Antico Pizza Napoletana for a night filled with great food and entertainment, featuring a tour [...]
Hartman Simons, along with Colliers International, joined forces for their 1st annual Service Day. Both firms helped provide a variety of supplies for women and children assisted by the Mary Hall Freedom House.
VRN, May 2017 Letter of Intent: Less Can Be More By: Lori Kilberg and Benno Rothschild Retail lease negotiations can be time consuming and costly. In almost every instance, we recommend outlining in writing the basic lease terms before drafting the actual lease agreement, whether or not the parties execute a formal Letter of Intent [...]
VRN, May 2016 Leasing Headache No. 1: Inclusion of Exclusions By: Lori Kilberg and Benno Rothschild Exclusive covenants have been part of the retail leasing landscape for many years. They represent an important facet of the push-and-pull relationship between landlords and tenants: Tenants want to maximize sales by restricting or prohibiting other tenants in a [...]
VRN, May 2015 Outlet Lawsuits Highlight the Need to Update Leases By: Lori Kilberg, Benno Rothschild, and Katherine Silverman One of the distinguishing features of outlet leases is the specific requirement in use provisions that the majority of the merchandise must be offered for sale at discounted rates. This is done to support the value [...]
VRN, May 2014 Untangling Lease Co-tenancy By: Lori Kilberg and Benno Rothschild Co-tenancy provisions have become commonplace in outlet-center leases, regardless of whether the project is a new phase 1 development, an existing center or a conversion from a traditional retail center. Successful outlet sites require a certain mix of well-known, national tenants to draw [...]