News outlets reported in early April that Sycamore Partners refused to pay April rents for its Staples stores during the pandemic, even though the stores remained open.
Landlords of outdoor shopping centers—especially those with loads of closed stand-alone restaurants—may want to develop some contacts in the cannabis dispensary business.
The restaurants, bars, food halls, and brew pubs that have been top traffic-builders in new town centers and mixed-use projects will need time to re-establish themselves as markets re-open.