Thursday, April 18, 2024 Apr 18, 2024
69° F Dallas, TX
Advertisement
Publications

TAKING ON “TRAMPLE CROW”

|

Update The battle is still raging between tenants of Trammell Crow’s Apparel Mart and their landlord.

The rents are running us out of business,” says JOE CHASENS, 74, a rag merchant who’s been in Che Mart longer than most of the current management. He and other tenants complain that while real estate rents have dropped drastically during the last five years, rents at the Apparel Mart have remained at a premium. At the same time, they say, there has been a fall-off in retail business. Chasens says that the average rental rate at the Mart is some $22 a foot, while other buildings alone Stemmons lease space for as little as $8.50 a foot. But Chasens says reps can’t take advantage of the savings because they are held hostage by a landlord that he calls “Trample Crow” Moving away from the critical mass of manufacturers and reps in the Mart could mean death for these independent businesspeople.

donna knox, president of the Apparel Mart, says the Mart is pledged to doing “everything we can to strengthen the apparel industry in Dallas.” So far no tenants have withheld rent or threatened to abandon the Mart. But some of the tenants have filed a discovery lawsuit against the Dallas Market Center Company to find out if the taxes, utilities, and interest they pay as part of their leases are being administered according to contract.

Related Articles

Image
Local News

As the Suburbs Add More People, Dallas Watches Its Influence Over DART Wane

The city of Dallas appears destined to lose its majority of appointments on the DART board. How will that affect the delivery of public transit in the future?
Image
Arts & Entertainment

WaterTower Theatre Invites Audiences Backstage for an Evening with Louis Armstrong

Terry Teachout’s first play, SATCHMO AT THE WALDORF, shares details about Louis Armstrong after one of his final shows.
Advertisement