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why do people open restaurants in spaces where restaurants failed or closed? ~ what now, atlanta?

Why do restaurateurs lease space where previous restaurants failed or closed?

by on January 28, 2011 in industry insights, restaurants

Expert discusses pros and cons for taking over a shuttered restaurant space Restaurants fail for numerous reasons: food quality, atmosphere, service, pricing, high COGS versus percentage of revenue, marketing, and of course location. Many failed restaurant owners like to point the blame to the location only to be proven wrong when a restaurant succeeds in place [...]

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tenant versus landlord: who has the upperhand in this market? ~ what now, atlanta?

Tenant vs. Landlord: Expert weighs in on who has the upper hand in leasing commercial space

by on January 25, 2011 in industry insights, real estate

Who has more power in a down market: Tenant or Landlord? Since landlords and banks are having to swallow a bitter pill, Atlanta’s excess vacancy, combined with weak job growth, means property owners are offering very aggressive deals to both new and current tenants alike. Tenants currently hold all the leverage in securing lower rental [...]

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Expert weighs in on the current state of Atlanta’s commercial spaces

Expert weighs in on the current state of Atlanta’s commercial spaces

by on January 21, 2011 in industry insights, real estate

Editor’s note: Welcome to our new weekly commercial real estate column. Shaun Weinstock and Dotan Zuckerman, our real estate experts, will give you a behind the scenes look of possible scenarios that explain the openings and closings we cover, through their industry insights (you know, what your mom never told you). We’re launching the series [...]

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