As a shopping center owner, you have the authority to decide who leases space in your property. In this episode, I share a real-life experience with a tenant prospect who misrepresented their business and how I handled it. I discuss the importance of verifying tenants, visiting their existing locations, and standing firm against pressure from brokers or prospects trying to push a deal that doesn’t align with your vision.
Key highlights:
Why you must visit a tenant’s other locations before signing a lease
How to handle brokers who try to pressure you into a deal
The importance of lease clauses to protect your center
Why you can say no to tenants that don’t fit your vision
No one can force you into a bad deal. You control your shopping center.
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