Right to abate rent if anchor tenants leave.

Right to abate rent if anchor tenants leave.
Common in retail, increasingly in mixed-use Class A.

Co-tenancy clause

Leasing · US

Short definition

Right to abate rent if anchor tenants leave.

Full definition

Common in retail, increasingly in mixed-use Class A. If the named anchor leaves, tenant may pay reduced rent (often 50%) until a replacement of equivalent stature is signed.

Why this matters for Class A leasing

Co-tenancy clause is part of the leasing vocabulary that institutional Class A occupiers, landlords, and advisers use across US markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks the US definition alongside the global standard so cross-border occupiers can translate quickly.

Right to abate rent if anchor tenants leave.

Right to abate rent if anchor tenants leave.
Common in retail, increasingly in mixed-use Class A.

Co-tenancy clause

Leasing · US

Short definition

Right to abate rent if anchor tenants leave.

Full definition

Common in retail, increasingly in mixed-use Class A. If the named anchor leaves, tenant may pay reduced rent (often 50%) until a replacement of equivalent stature is signed.

Why this matters for Class A leasing

Co-tenancy clause is part of the leasing vocabulary that institutional Class A occupiers, landlords, and advisers use across US markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks the US definition alongside the global standard so cross-border occupiers can translate quickly.