Many shopping center leases require the tenant to pay both a fixed annual minimum rent and a percentage rent. Percentage rent is calculated as a percentage of the tenant's annual sales made in or from the premises. Defining what constitutes a ...
Mergers & Acquisitions San Francisco-based Metric Realty has merged with MetLife Realty Group Inc., White Plains, N.Y., thereby forming a new investment management company, SSR Realty Advisors Inc. The company will have primary offices in San...
In the late 1980s, when the owners of Mall of America -- Indianapolis-based Simon DeBartolo Group Inc.; New York-based Teacher's Insurance & Annuity Association; and Edmonton, Alberta-based Triple Five Corp. -- released plans to create the...
