Globe St. – Bob Simons
The continued rise of e-commerce makes it easier for customers to shop—and makes the retail industry more competitive than ever before. Beyond the fallout from the 2008 Great Recession, the shrinking number of potential tenants means developers need to rethink co-tenancy clauses.
GlobeSt.com caught up with Bob Simons, a partner with commercial real estate firm Hartman Simons, to discuss these challenges. In a nutshell, he believes developers need to strike less stringent co-tenancy deals so they have more flexibility.