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  • Posts by David Houston
    Shareholder

    David Houston is a shareholder of Bean, Kinney & Korman practicing in the areas of zoning and land use, commercial leasing and real estate development. He regularly provides in-depth zoning and land use analysis and counsel on a ...

As reported by the National Restaurant Association and other industry experts, there are over one million restaurants in the US, but the failure rate is very high (a majority close within three to five years). With online shopping and delivery becoming more and more prevalent, landlords of all types have faced increasing vacancies for traditional retail stores. As a landlord of an office, mixed use, shopping center or stand-alone retail pad seeking to fill a vacancy, there are five important factors to consider before marketing the property or executing a lease agreement with a restaurant.