We’ve seen too many beloved local independent restaurants fall victim to the outrageous rent hikes at the expiration of a long-term lease, so it’s comforting to see a tenant score a win for a change. Tom Morales recently turned over management of his restaurant empire to his very capable daughters, Lauren and Kendall, but not before making one more bold move to ensure their future. The family negotiated an unheard-of 20-year lease extension for The Southern Steak & Oyster property. That’s what passes for stability in this challenging market.
Best Ballsy Real Estate Move
