[billethkid]

than most shopping malls in FL. Some units in Sumter Square are less per Square foot than units in the shopping centers off Rolling Acres.

As for the always alleged percent of sales fee for TV, the leases I have been involved in and those of other retailers I am knowledgeable of....yes there is a % retail fee.....but not until after one hits a revenue level substantially higher than any amount ever presented in a soliciting business plan. For example, if a business planned steady state retail was forecast to be $500,000 per year; the % fee would be designed to BEGIN on sales say above $1,000,000. In which case the business would have doubled in size beyond plan and if they hit such growth would be more than capable and content to pay the fee.

All these rates and costs are known to applicants before they sign on the dotted line. When they sign up they are fully aware of what it costs to be in business in TV (or any where else). If they do not measure up to expectation, and do not do what they expected to meet expense and profit targets, it is most certainly not the fault of the rents charged or the always mis-understood % fee for TV.

There have been good examples of TV working with retailers to move into smaller facilities (several have done this over the years) to be successful. Some have even made a third move to even a smaller venue in an off TV location only to close their doors within a year.

I do not think it is accurate or fair to chastise TV for the failure of a business here. TV may be tough and experience has served to teach them to be that....however, if a business can show merit, TV will work with that entity to do what ever is reasonable and..... AGAIN.....agreed to by the retailer to make it work.

It is not unusual for a failed business to lay the blame at another doorstep to save face.

I am not defending TV....only presenting what I know from first hand experience in more than one commercial lease arrangement here in TV as well as other locations.

btk