Shopping Malls

Shopping Centre Lease – Injunction to Prevent Landlord from Demolishing Mall; Appraiser’s Failure to Red Flag Inexact Comparables was Negligent #345

Legally Speaking

By Gerry Neely B.A. LL.B The arrival of the “big box power centres” should lead owners or property managers of existing, enclosed mall shopping centres to reexamine their standard leases. Landlords may find the wording of typical clauses dealing with alterations and relocations of tenants’ premises limiting if they decide to change the physical structure