Breaking commercial leases
With RadioShack intending to close 1100 stores, I began to wonder about the leaseholders on the affected property. In my residential real estate business, I am allowed by law to withhold a "reasonable" amount from the deposit to make up for lost rent while I am looking for another tenant. I typically cannot require payments to extend for the entire remaining term. What options exist for leaseholders of commercial property in cases where the lessee exits early?