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Updated over 4 years ago,

User Stats

77
Posts
91
Votes
Scott S.
  • Tacoma, WA
91
Votes |
77
Posts

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

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