As coronavirus (COVID-19) continues to spread, its impact on the economy and commercial real estate industry will be wide-reaching. Here at LoopNet, we’re staying on top of what the pandemic means for owners, tenants, and buyers, and how you can not only respond to the changing real estate landscape, but be proactive to stay one step ahead for your business.
Below, you’ll find our coverage of the pandemic as we follow the latest updates.
Office Leasing & Buying
Where the Brunt of the Coronavirus Impact Will Be Felt First in the Office Market
Firms expected to delay or cancel real estate decisions in this heightened period of uncertainty, and those with exposure to the energy and hospitality sectors likely to see pullback in demand, according to CoStar.
Coronavirus Concerns Spur Office Subleasing, Space Downsizing
Brokers says tenants are increasingly asking for rent concessions and permission to sublease space as they downsize their footprints.
Tenants Gain Upper Hand in Office Space Negotiations
Pandemic slows demand, pushes landlords to close seals quickly, with concessions.
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