
Radius restrictions are very common provisions in retail leases. They protect a landlord’s investment in its property and in a particular lease by preventing tenants from operating additional stores within a set area.
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Mr. Evans is an associate in the firm's Real Estate group, and focuses his practice in the areas of real estate and real estate finance. George represents owners, operators, developers, lenders, borrowers, landlords, tenants and investors in sales, acquisitions, financings and leases of medical, residential and commercial properties across the United States.
George also has experience advising publicly traded REITs on securities law matters.
Radius restrictions are very common provisions in retail leases. They protect a landlord’s investment in its property and in a particular lease by preventing tenants from operating additional stores within a set area.
Despite the rise of e-commerce and omni-channel distribution and the demise of brick-and-mortar, 85% of sales are still made in physical stores, and these will continue to be at the core of retailers’ efforts to enhance their brands and drive sales.
The growth of high-end food halls is taking off around the country. These upscale food halls are modeled more after famous European markets like Barcelona’s Mercado de la Boqueria than after airport or suburban mall food courts.