Partner Brian Cafferty Provides Restaurant Leasing Insights in Northeast Real Estate Business Magazine
BOSTON, MA - Partner Brian Cafferty published an article, "Security, Success, Stability: Crafting, Executing Restaurant Leases That Work", which discusses key items to minimize a landlord’s liability.
“A popular restaurant can be a significant draw to a shopping center. However, according to a study published by Ohio State University, approximately 60 percent of restaurants fail in their first year, and 80 percent fail before the end of their fifth year. These statistics underscore the importance of landlords being protected in the likely event of a restaurant tenant’s failure.
A well-crafted restaurant lease should address the following key items to minimize a landlord’s liability:”
Read the full article: https://rebusinessonline.com/security-success-stability-executing-restaurant-leases-that-work/