Food Hall and Entertainment Use Leasing: Practical Considerations, Key Provisions for Landlords and Tenants
Recording of a 90-minute premium CLE webinar with Q&A
This CLE webinar will explore the unique issues facing both landlords and tenants negotiating leases for food halls and entertainment uses--from motion picture theaters to concert venues to sports arenas. Our panel will advise on how best to draft basic lease provisions, construction issues, percentage rent, co-tenancy, maintenance and other vital issues, and provide guidance on how to address the risks associated with such arrangements.
- Food halls
- Structuring the deal
- Design, layout and construction
- Permitting considerations (i.e., alcohol permitting)
- Use and exclusive use clauses in a food hall environment
- Replacing underperforming or poorly operated food stalls
- Structuring of tenant reimbursements
- Management of food hall tenants and patrons
- Entertainment uses
- Access and visibility
- Construction and noise
- Percentage rent
- Permitted uses
- Continuous operation
- Protected uses
- Prohibited uses
- Practical considerations and best practices
The panel will review these and other critical issues:
- What are the practical considerations of entering into food hall or entertainment use leases?
- What are the risks associated with such unique arrangements?
- What are solutions to conflicts with REAs, covenants and existing leases?
Philip (Phil) Colicchio
Executive Managing Director
Mr. Colicchio is a founding partner and leader of the firm's Litigation and Appeals, Commercial Law, and... | Read More
Mr. Colicchio is a founding partner and leader of the firm's Litigation and Appeals, Commercial Law, and Hospitality Practice Groups. He is a graduate of Seton Hall University (Magna Cum Laude, 1981) and Villanova Law School (1984). Prior to joining the firm, Mr. Colicchio served as Senior Counsel to the Federal Home Loan Mortgage Corporation ("Freddie Mac") in Washington, D.C., from 1988-1992. He is a member of the Pennsylvania, New Jersey, New York, and American Bar Associations; the International Council of Shopping Centers; the National Association of Real Estate Investment Trusts; the Mortgage Bankers Associations of both New Jersey and America; the New Jersey Apartment Owner Association and the American Association of Homes and Services for the Aging.Close
Allen W. Hubsch
Loeb & Loeb
Mr. Hubsch has been a real estate lawyer in Los Angeles for more than 30 years. He has maintained a diverse practice,... | Read More
Mr. Hubsch has been a real estate lawyer in Los Angeles for more than 30 years. He has maintained a diverse practice, while developing a unique focus representing owners and operators of motion picture theatres, concert venues, Broadway-style theatres and sports venues across the United States. He represents clients in connection with leasing, purchases and sales, financings, and joint ventures, including multi-property and multistate transactions. Mr. Hubsch provides strategic counsel on commercial contracts, commercial financing, land use, taxation of real property, easements and rights of way, formation of partnerships and LLCs, foreclosure and creditors’ rights, bankruptcy issues, and government contracting.Close