The article by Patrick Abell and Andrew Solomon provides guidance for landlords dealing with restaurant tenants who have gone out of business. It emphasizes the need for landlords to quickly regain control of the premises, either through a negotiated surrender of the space or formal eviction. Landlords should then promptly seek to re-let the space
Andrew Solomon
Andrew Solomon is a partner in Stoel Rives’ Real Estate group who represents owners and investors in the purchase, sale, and leasing of retail, office, and industrial property as well as in related financial transactions. He has over 20 years of experience representing clients in the real estate development community and acts as the “go-to” counsel for one of the premiere industrial developers in the Pacific Northwest.
In the commercial leasing arena, Andrew represents a number of owners of Class A office buildings. He has negotiated numerous lease agreements for corporate headquarters, as well as for warehouse and distribution facilities, and has represented regional and outlet mall owners on retail leasing matters throughout the country. Andrew also has experience resolving troubled assets for lenders, including negotiating loan modifications and the management and disposition of REO assets.
Click here to read Andrew Solomon's full bio.
Some Commercial Property Owners Can Go Green With ‘Propertyfit’
Originally published by the Daily Journal of Commerce on December 6, 2022.
With more and more corporate tenants and institutional owners looking to reduce their carbon footprints, clean energy improvements in initial project development as well as upgrades to existing projects have become more appealing. However, with interest rates and material costs on the rise…