Because of their tenant mix and items they provide, strip centers have suffered the least, while regional malls and power centers struggle. For every recalcitrant landlord, there are more seeking to build a long-term relationship, willing to make a deal with a tenant in trouble. Once a request for rent abatement is made, the tenant should expect the landlord to ask for some concessions.

For many retail landlords and tenants, negotiating well-considered and less strident solutions can effectively bridge the gap between these cash-strapped times and economic recovery. (more)