Wednesday 15 July 2020

Simon Property Group sics the lawyers on deadbeat tenants

Simon Property Group has kept its promise to sue mall tenants who aren’t paying their rent. On Tuesday, the country’s biggest retail real estate investment trust filed a lawsuit against Eddie Bauer, seeking to recover $6.2 million in missed rent payments. The outdoor clothing store chain has not paid rent since April, according to records filed in federal court. Last month, Simon Property Group filed a similar lawsuit against Brooks Brothers seeking $8.7 million of



source https://therealdeal.com/2020/07/15/simon-property-group-sics-the-lawyers-on-deadbeat-tenants/

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