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Your Best Store Might Be Your Worst Deal.
Each portfolio has the store everybody brags about. Highest sales in the fleet, toasted at the holiday party. Is it actually your best deal? Store A does $2M at 15% occupancy. Store B does $1.2M at 8%. One of them funds your next opening. A look at the ratio that separates sales volume from deal quality, and why it drifts on you over the life of a lease.
Patrick Chamberlain
Aug 12


Percentage Rent: Where the Breakpoint Gets Set Decides Who Keeps the Upside
Some leases get a slice of your success. Negotiate the cut. Percentage rent kicks in above a sales threshold called the breakpoint, and where that number lands decides who keeps the upside. The math behind natural and artificial breakpoints, what moving one means in real dollars, and when to negotiate out of the clause entirely.
Patrick Chamberlain
Aug 1
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