Retail Landlords Need to Underwrite Their Tenants’ Customer Base, Too

Why it matters

This is a commentary on underwriting practices for retail landlords, highlighting a gap but not announcing a regulatory change or market-wide shift; it is relevant but represents routine operational insight rather than a significant event.

Sources

• Commercial Observer

  Retail Landlords Need to Underwrite Their Tenants’ Customer Base, Too

  Landlords underwrite the retail tenant. But they almost never underwrite the tenant’s customer. They should. That gap costs landlords money, and it is fixable before a listing goes live. The standard leasing process is too reactive: Review comparable rents, post the space on…