As you probably know, they were booted for delinquent rent payments. I don't know the details between their agreement with the management, but it seems like neither side had realistic expectations for what the other could achieve.
Does that put the City Market's vacancy rate at 60 percent?
I'm not sure of the details to the agreement myself, but cooler heads should have prevailed, for it was the most unique place in the market. I was there yesterday, and it looks higher than 60%; looks closer to 70 or above.
3 comments:
As you probably know, they were booted for delinquent rent payments. I don't know the details between their agreement with the management, but it seems like neither side had realistic expectations for what the other could achieve.
Does that put the City Market's vacancy rate at 60 percent?
I'm not sure of the details to the agreement myself, but cooler heads should have prevailed, for it was the most unique place in the market. I was there yesterday, and it looks higher than 60%; looks closer to 70 or above.
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