TENANTS FIND SPACE... OUTER SPACE

An improved economy means dwindling tenant concessions, but many aren't ready to put landlords in the driver's seat. Following the recent discovery of 16 new super-Earths, multiple big box tenants have threatened to leave their anchor positions for planets such as HD 85512 b unless their lease demands are met. We asked famed Texas landlord rep Ed Aldrin for his thoughts: “It's ridiculous; there's no guarantee they'll even have water, let alone the amenities most retailers prefer, such as an atmosphere.” Undeterred, Price Hut CEO Marcia Red has already put out an RFP for a developer that specializes in Lunar Eclipse Entity Development (or as you pros call it, LEED).

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

Bisnow's 2026 DEI Data Series

Lincoln Property's New Pennsylvania Head On What Types Of Deals He's Targeting

NYC Lawmakers Consider Mandating Lease Extensions For Retailers

Netflix House Building In King Of Prussia Sells For $60M: The Philadelphia Deal Sheet

NYC Pushes To Use Opportunity Zone 2.0 For Mamdani's Housing Goals

Philly's Busy Summer Created Momentum. Can The City Turn It Into Long-Term Growth?

Where Capital Meets Opportunity: Navigating The Next Wave Of CRE Financing At Bisnow’s Event On Sept. 30

Discussing Strategic Capital Stack Structuring At Bisnow's Sept. 30 National Finance Event

Bally's Lines Up $560M Loan For Bronx Casino: The N.Y. Deal Sheet

Data Center Spills 5,000 Gallons Of Fuel Into New Jersey River

Historic Brooklyn Hotel To Be Turned Into Ritz-Carlton-Branded Condos

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader