lease termination News

Latest Articles

• Target pays one hundred ten million dollars to terminate downtown Minneapolis skyscraper lease amid corporate downsizing

  Published: Mar 3, 2026

  Section: Real Estate

  Target Corporation has reached a $110 million settlement to exit its lease at the 51-story City Center tower in downtown Minneapolis five years ahead of schedule. The move follows...

• Saks Global Battles Simon Property Group to Retain Two High Value Retail Leases in 2026

  Published: Feb 20, 2026

  Section: Commercial Properties

  Saks Global Enterprises is engaged in a legal dispute with Simon Property Group to maintain control over two prime retail leases in California and New York. The luxury retailer int...