If your business is looking for big box locations, this could be your opportunity to purchase a lease through bankruptcy auction at a significant savings. The process is manageable, and the upside potential can be worth the effort. Our bankruptcy
The Shopping Center Lawyer
Focused on Retail Leasing Law
The Shopping Center Lawyer, published by Sills Cummis & Gross P.C., focuses on legal issues related to commercial real estate, retail leasing, and property management. The blog covers topics such as bankruptcy-related lease acquisitions, commercial lease negotiations, landlord and tenant rights, and regulatory compliance affecting retail and shopping center properties. It also addresses legislative developments impacting commercial property owners and retailers, including liquor licensing laws, flood risk disclosures, and vacancy reporting requirements. The blog provides updates on state-specific laws and practical guidance for navigating complex transactions and regulatory changes in the retail real estate sector.
Blog Authors
Latest from The Shopping Center Lawyer
A Deep Dive Examination of the Restaurant Liquor License Aspects of the Fast-Moving Bill Speeding Through the New Jersey Legislature
With the legislative session in Trenton coming to an end tomorrow at noon, New Jersey legislators and the Governor have crafted compromise legislation, S4265/A5912 (which can be found here), to address some of the long-awaited reforms so desperately…
NJ Legislature Poised to Revise Restaurant/Brewery Liquor Licensing Laws with Two Days Left in Session
With just two days remaining in the two-year legislative session in Trenton, New Jersey lawmakers and the Governor’s Office are reportedly drafting compromise legislation for speedy passage tomorrow and Monday, which Governor Murphy is expected to sign into law in…
Landlords and Sellers of Property Beware: New Law Requires Disclosure of Flood Risks for Commercial, Industrial and Multi-Family Sites
A new statute imposes sweeping new notice requirements affecting properties that are subject to flooding. All owners of land in New Jersey, including commercial and industrial property owners, who lease their sites or are considering a transfer of improved or…
Vacant Storefront Registry Program – Would It Really Help?
A bill on Governor Murphy’s desk for possible enactment into law would add yet another burden on commercial property owners. This time it’s an effort to create a public database of all vacant commercial space available in the state for…
Liquor License Issue Is 2-Part Problem: Here’s 2-Part Solution
Op-ed as seen on: ROI-NJ.comBy: George Jacobs and Ted Zangari
High on the list of antiquated regulations that are stifling competitiveness in New Jersey are those governing restaurant liquor licensing. So, kudos to Gov. Phil Murphy for being the first governor…
Bill on Governor Murphy’s Desk Would Impose New Flood Disclosure Notice Requirement on All Commercial & Residential Leases and Sales of Property
Recently passed legislation on Governor Murphy’s desk for enactment would require all new leases and lease renewals in New Jersey – both commercial and residential – to include specific disclosures regarding potential and past flooding. Similar disclosures would also be…
The Revenge of the Parking Lot
It’s true: COVID-19 has breathed new life into parking lots. As Neal Freyman of Morning Brew has observed:
- Churches, synagogues, and other places of worship have been holding radio broadcasted services in their parking lots.
- DJs in Germany have been
…
Landlords Brace for Fallout, Search for Solutions With Retailers Battered by COVID-19 Shutdown
I salute property owner, client and friend George Jacobs for his candor about the mess in which shopping center owners, managers, retailers and lenders find themselves. My thoughts about the shopping center landlord-tenant relationship in the midst of this pandemic…
JC Penney Goes to Court to Try to Stop Sephora from Pulling Out of the Troubled Chain’s Stores
As malls and shopping centers re-open, a second default scenario looms behind the tenant’s failure to pay rent: its failure to “continuously operate” as required in many store leases. Just as JC Penney is fighting to keep Sephora’s store-in-store concept…