NewsLocal News

Actions

Landlords lose patience with national restaurant chains, stores

Default-Image_1280x720.jpg
Posted at 7:47 AM, Oct 26, 2020
and last updated 2020-10-26 07:48:03-04

CHESTERFIELD COUNTY, Va -- The havoc wreaked on the retail and restaurant industries by the pandemic has forced commercial landlords to be patient with their tenants. But on at least a handful of occasions since March, certain landlords of Richmond-area properties have shown that the patience only lasts but so long, particularly when dealing with national tenants. At least five lawsuits have been filed in local circuit courts in recent months by commercial landlords against big national chain tenants for failure to pay rent for months at a time. Click here to keep reading on Richmond BizSense.

On the farm with Libby Lewis