C

Co-tenancy

A lease clause that gives a tenant specific rights when required occupancy conditions at a shopping center or property are not maintained.

A co-tenancy clause gives a tenant specific rights when required occupancy conditions at a shopping center or property are not maintained. Conditions may relate to named anchor tenants, a minimum number of operating tenants or a minimum percentage of occupied space.

How REAL handles this in practice: Co-tenancy enforcement.

Potential remedies

Depending on the lease, a co-tenancy failure may allow the tenant to:

  • Pay alternative or reduced rent.
  • Pay percentage rent instead of minimum rent.
  • Exercise a termination right.
  • Receive another contractual remedy.

How REAL helps

REAL identifies the occupancy condition, cure period, notice requirements and available remedies so teams can monitor co-tenancy rights across the portfolio.

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REAL

See how co-tenancy is handled across 2,236 leases.

REAL extracts and structures this field from your documents so your team can act on it — no manual abstraction required.

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