In this article, you'll learn:
- How landlords should review lease terms for COVID-19 adjustments
- The need for landlords to offer guidance and connect tenants with aid
- Flexible lease options like rent deferment or reduction
- Essential safety measures landlords should implement for reopening
COVID-19 has had a huge impact on every industry, and the commercial real estate (CRE) world is no exception. Now, as the country begins to slowly (and safely) re-open for business, many tenants are left wondering what to do with surplus space, how to pay for it, whether to transform it for safety in a post-COVID-19 world, and what to do about space needs in the future.