WEINGARTEN RESPONDS: HEY, IT’S NOT US, IT’S MARFRELESS The make-out den behind the blue door says it’s closing because of the “rising cost of doing business” in the River Oaks Shopping Center, but landlords Weingarten Realty don’t see it that way — or at least that’s what an email sent yesterday to the Houston Chronicle’s Nancy Sarnoff says: “It was Marfreless’ decision to cease their operations at River Oaks Shopping Center. Weingarten Realty has made several attempts to contact the tenant to continue discussions but we have not been able to get a response. We remain open to discussing a lease extension and agreement.” [Houston Chronicle; previously on Swamplot] Photo: Flickr user jmcgeough
As if one could trust anything Weingarten Realty says…
Of course, if you raise rent on a tenant such that they can’t afford to remain, you can always blame it on them for “choosing” to leave.
too late for an episode of “bar rescue” i take it?
Weingarten Realty won’t be happy until they’ve obliterated every vestige of architectural integrity from what was once a great strip center.
What is Weingarten asking per square foot
on the NNN lease? How many sq ft in the
space?