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Signed a five year lease retail mens clothing store in a…

Customer Question
Signed a five year lease...
Signed a five year lease for my retail mens clothing store in a mall redevelopment with promise of a phase 2 that would have more retail stores and a hotel catering to our clientele. Now seven months into the lease the redevelopment has completely changed and they are putting phase two into a apartment and excercise studio leaving us as the only retail in the complex with no draw for our target audience. I don't have an anchor tenant clause but everything they told to get me to sign the lease has been a lie
Submitted: 2 years ago.Category: Canada Law
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Customer reply replied 2 years ago
Just wondering if I can legally get out of this lease now?
Answered in 4 hours by:
3/12/2016
Lawyer: Debra, Lawyer replied 2 years ago
Debra
Debra, Lawyer
Category: Canada Law
Satisfied Customers: 104,561
Experience: Lawyer
Verified

Are you saying that you were misrepresented and would not have signed the lease had they told you the truth about their intentions?

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Customer reply replied 2 years ago
I believe their intent emotions were to build the hotel and retail shopping center but I just read in the newspaper that they have decided to go a different way due to the downturn in alberta'a economy and are now building an apartment and sports complex as opposed to the hotel and retail shopping centre I was presented when I signed my lease. Leaving us as the only retail in the centre.
Customer reply replied 2 years ago
Their intent initially
Lawyer: Debra, Lawyer replied 2 years ago

Is there anything in your lease that talks about the retail shopping centre?

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