Retail Leasing: We’re Your One-Stop Shop

While no two retail lease transactions are identical, most follow the same general deal flow. First, the parties prepare a letter of intent outlining the business terms of the deal. Then, the landlord’s attorney prepares a draft lease and submits it to the tenant’s attorney for review and negotiation. If there will be a buildout of the premises, the parties prepare a work letter agreement. And if the tenant does not have sufficient business experience or creditworthiness, the landlord may require a guaranty. Check out this resource kit for detailed guidance on each of these steps, including state-specific practice notes and templates.

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