The owners of Cafe Positano have operated their successful Apopka Pizzeria and Grill for 20 years. In their 2007 lease renewal, they received renewal rights at rates that were agreed to prior to the Great Recession. Those rates were well above the current market rates at Bear Lake Shopping Center. Knowing the market, ACRE was able to renegotiate lower renewal rates and got the Landlord to kick in another $50,000 to spruce up the restaurant interior.
– Beneﬁt to Croissant Gourmet, Growth