After years of contending with a landlord’s market, restaurant chains large and small with the capital to expand are finding the economic meltdown brings them wide-ranging new power in lease negotiations. Large brands such as Beef ‘O’ Brady’s and smaller players like Crumbs Bake Shop have jumped into the driver’s seat on all lease-related tracks. Operators are scoring highly favorable rents and concessions for new deals, amending leases done at the height of the market to reflect ...
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