Exit Strategies & Use Restrictions

October 25, 2019, Marriott Marquis, San Diego • Attendees joined Ellen Sinreich and the International Council of Shopping Centers (ICSC) at the ICSC’s 2019 Law Conference in San Diego for an advanced seminar that explored the undeniable marriage between use restrictions for retail tenants and the exit strategies they rely on for under-performing stores. We delved into how to structure the pre-nup: the lease provisions that will govern the types of businesses a potential transferree can operate and the extent to which the landlord’s is required.