It is finally happening—well sort of. Cities and states across the country have started to reopen; although a surge in outbreaks this week has stalled or even reversed reopening plans. Still, as the country moves toward reopening, both owners and tenants are wondering how it will impact rent deferral agreements. Depending on the terms of the deferral agreements negotiated at the beginning of the pandemic, reopening could indicate that businesses will need to begin paying rent once they open. However, many businesses are still experiencing hardship, especially as government stimulus is drying up.

“The logistics of reactivation of all real estate product types continues to be a hot topic, and many architectural and consulting firms seek to assist in creative ways to use space,” Mark Leverette of BPM LLP, tells “The space requirement calculations used have been in fluctuation over the last three months for many businesses. Some businesses may temporarily need more space per person, at the same time as projecting both temporary and permanent increased levels of those working remotely.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

More from this author


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.