Harris Beach Murtha Commercial Real Estate partners Sean McCabe and FL Gorman will both present sessions at ICSC+U.S. LAW, taking place October 21-23 in Orlando, FL. A description of their sessions are below:
When Leases Stack: Practical Strategies for Prime Lease/Sublease Alignment – Oct 22 1:30 pm
This session focuses on the practical challenges of drafting and negotiating subleases. Participants will explore key considerations for the prime landlord, the tenant/sublandlord, and the subtenant, including what a subtenant wants from the tenant in the sublease, which obligations and rights flow between the prime lease and the sublease, and where risk typically arises for the prime landlord, the tenant/sublandlord, and the subtenant. Through practical examples, this session provides strategies for drafting and reviewing subleases that balance operational flexibility, risk management, and alignment with the prime lease.
Economic Incentives for Retail Development: What to Look for and How to Find Them – Oct 22 2:45 pm
New development and redevelopment has become very expensive, and many developers and tenants alike are seeking ways to alleviate some of the costs by obtaining economic incentives from municipal, county and state governmental agencies. Join us for this discussion on how economic incentives work, how to obtain economic incentives, and the considerations for negotiating the economic incentive agreements.