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If you have a multiplex movie theater tenant in your center, you’ll want it to show the latest popular movies so that it will attract crowds. That’s because movie crowds create foot traffic and other sales at your center. The whole center can benefit from this type of tenant. And a tenant like this could potentially pay you lots of percentage rent. In this scenario, everybody wins. Or do they? Not if your lease contains a loophole that wipes out these benefits.
