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Originally Posted by ilovetv;710***
Ummm.....there is this concept in commercial property leasing that they are trying to sell you retail businesses that can continue to pay their lease because they are thriving and proven to be excellent anchor stores:
"The property was 97.5 percent occupied at the time of sale and is anchored TJ Maxx, Ross Dress For Less, Michael’s, Beall’s Outlet, Staples and Petco, as well as by separately owned Target, Walgreens and CVS stores."
(From the article linked above)
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Well they all might be leased but that doesn't mean the parent company that owns the property will keep up the property as well. I have seen this happen time and time again. They cut maintenance back so they can have a bigger bottom line.
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"I am a great believer in luck, and I find that the harder I work, the more I have of it." -Thomas Jefferson
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