Retail leases often contain specific provisions that restrict how the tenant and landlord can use their respective spaces – namely, exclusive use provisions and radius restrictions. This episode explores some of the key considerations both parties need to think about when negotiating exclusives, and provides tips on how to strike the balance between getting the deal done now and protecting yourself in the future. Phillips Lytle attorney Joe Heins also dives into the world of radius restrictions, offering background and insights as to how they can not only benefit a tenant, but a landlord as well.
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