Wednesday, May 19, 2004

Mall Lease is In

I just received our first view of the mall's lease document via email from the landlord's attorney. Quite a hefty document. This thing weighs in at a whopping 65 pages with a couple of other pages thrown in an additional file as attachments to the lease. The majority of the business terms are in a "Data Sheet" that's just two pages long.

I obviously haven't read through the whole thing yet, but I've already found a couple of issues that we're going to have to work on. The first is that the Commencement date was moved to November 1st from October 1st. It gives us more time, but it's not what I planned. Hopefully, I'll go through the rest of the document by tonight and confer with Jim to see what we can do.

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