Leasing Nightmares: Curse of the Forgotten Lease

Blackacre LLP is a boutique fixed fee real estate law firm with a restaurant leasing specialty. From its experience serving as counsel to numerous restaurant clients, Blackacre’s attorneys know that a good lease is crucial to a restaurant’s success, while a bad lease can doom an otherwise successful restaurant to failure.  In the coming articles, Blackacre’s attorneys will write on how to prevent a restaurant lease from becoming the next “Leasing Nightmare."

In the course of many years as a real estate practitioner, I have had the tremendous privilege to work on some of the toughest, largest and most involved commercial real estate leasing transactions.  Every single page of the lease is marked with revisions, certain sentences are revised ten or fifteen times, multiple all-nighters occur, and gallons of caffeinated beverages are consumed.  From the countless hours spent by brokers, lawyers and the business principals bringing the deal together, every possible detail of…