Parent of Chuck E. Cheese Makes Unusual Rent Payment Offer to Landlords

Published Septemer 1, 2020

In negotiating retail and restaurant leases, Michael Navarro, an attorney at Shackelford Bowen McKinley & Norton in Houston, said he’s working on deals with language addressing potential shutdowns tied to the COVID-19 pandemic and what kind of rent abatements might be needed by tenants in order to sign a new lease. For restaurants and other entertainment venues reliant on occupancy of a building to help drive revenue, any type of government shutdown can be devastating to business, he said.

Read the full interview in CoStar News.