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Updated almost 5 years ago on . Most recent reply

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77
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Scott S.
  • Tacoma, WA
91
Votes |
77
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Even Starbucks is asking for break in rent

Scott S.
  • Tacoma, WA
Posted

Just read Starbucks sent a letter to all it their landlords asking for rent concessions for the next 12 months.  

“Effective June 1 and for at least a period of 12 consecutive months, Starbucks will require concessions to support modified operations and adjustments to lease terms and base rent structures,” read a May 5 letter to landlords, signed by Starbucks Chief Operating Officer Roz Brewer.

https://www.cnbc.com/2020/05/14/starbucks-asks-for-a-break-on-rent-for-the-next-year.html

Most Popular Reply

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Chris Mason
  • Lender
  • California
10,788
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Chris Mason
  • Lender
  • California
ModeratorReplied

"Starbucks will require"

Starbucks will require

  • Chris Mason
  • Loading replies...