Word: gilman
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Signs of trouble first appeared last August, when the Gilmans began negotiating their lease with Honneman Management, the company that handles leases in the Galleria. At the time themanagement company asked an increase in monthlyrent payments, Lisa Gilman said yesterday...
...They weren't fair to us, being a 15-yeartenant," Gilman said...
...terms of the lease were not the onlycause for shutting down, according to Gilman. Shesaid other factors leading to the closing includeda lackluster economy, increased competition andchanges in the Galleria's other tenants...
...building had emptied out in the pastseveral years, Gilman said. Although it filledagain with new stores recently, the new storeshave not attracted a large flow of customers...
...Gilman said she plans to begin lookingimmediately for a new location...