When some posts always hammer how high the rents are and how crushing the developer is......
it is usually urban legend or hammer the developer hear say.
The rent in TV is on a par with most retail space in most shopping centers.
Every tenant is well aware of the lease costs before and after they sign their lease. The lease spells out everything expected. No crushing thumb on anybody.
When a business fails or does not renew their lease (usually 5 year increments) the excuse offered is the rent was too high....easiest to say and saves embarrassment of the real reason for the failure.
|