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ARTICLE · 17 DECEMBER 2001

A Tenant´s Duty to Operate Continuously

United StatesReal Estate and Construction
Martin Murphy
Martin Murphy

"To be, or not to be: that is the question" Hamlet, Act III, Scene 1

The retail development market can be very volatile.  It is often characterized by large upswings and sometimes even larger downswings.  To further complicate matters, it is often very unpredictable as these trends are difficult to forecast accurately.  Today’s market appears to be no exception.  After years of expansion, many are now forecasting slower retail development growth in the coming years due to fears of a recession and fears of the Internet capturing an ever-increasing percentage of the retail market.  However, low interest rates (with rumors of even lower interest rates), a proposed tax cut, and an excessive amount of dot-com failures may prove any fears of a slow down in this market to be unfounded.

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