One of the hottest new trends in the hospitality industry is the food hall. The number of food halls in the United States has increased exponentially and has tripled since 2018. Unlike the traditional shopping center food court, the food hall is typically an entertainment complex combining fine dining, bar atmospheres, and live entertainment forums in one location.
Food halls bring unique legal challenges, including artful drafting of leases, supporting documents, and operational rules that differ for each food hall facility.
Similarly, entertainment uses present additional and varied legal considerations relative to typical retail tenants. Theaters today are often accompanied by the sale of prepared food and alcohol. Other entertainment uses have entered the scene, including indoor skydiving, golfing, escape experiences, and even ax-throwing. The unique situation created by COVID-19 and the potential threats of future highly transmissible diseases has recentered the needs and legal liabilities of these industries.
Entertainment uses present unique challenges to the landlord and the tenant to achieve the balance between allowing the tenant to operate its business while offering protection to the landlord to ensure the entertainment use does not interfere with the project's operations. Parking, exclusive uses, prohibited uses, signage, visibility, access, noise, and security are just some of many items that play a role in lease negotiations between a landlord and prospective entertainment tenant.
Listen as our panel of experts in real property transactions provides practical guidance on how to best address the issues and balance the interests of each party involved.
Watch this webinar to hear from a couple of tech construction maestros about:
- Why construction is primed for productivity gains
- Gaining real-time insights and a clearer picture of what's happening on-site
- Saving time on the to and fro of paperwork, entering data and re-work
- 3 steps you can take to digitise your construction projects for the better.
Real Wealth Network, LLC
In this webinar you’ll learn:
- Best performing real estate markets for buy & hold rental property in 2019
- Where rents are rising the fastest
- How rising interests rates will affect your 2019 investment
The workforce development landscape in commercial real estate is shifting dramatically, with hiring today becoming a very different undertaking than it once was. There aren't enough candidates to fill all of the open positions, and the skills gap is widening. In fact, research shows that the labor shortage is currently impacting as many as 70 percent of all commercial real estate firms. But this current talent pipeline problem can't be blamed on the pandemic and the Great Resignation alone. Factors such as employee disengagement, stagnant wages, poor work culture, financial uncertainty and a lack of mentorship have all contributed to this talent crunch. Hiring and retention have never been easy, but today's labor market has only increased the level of difficulty. So, what are commercial real estate firms to do?
Three industry veterans will share their advice and answer your questions in a wide-ranging virtual discussion.