Leasing

Co-working occupancy rates still aren't near pre-coronavirus levels. But flex office providers and industry watchers say they offer a flexibility crucial for the new work environment.

"A standoff with tenants could result in tenant default and eviction, or it could lead to more constructive negotiations between tenant, owner and lender," according to NAOIP.

The joint study will build upon Brightline's study in April and May 2020 on the mid-Atlantic.

A study from a past recession shows that eviction and foreclosure moratoria help to curb economic impact.

Transwestern has been tasked with bringing the 136,769-square-foot Central Building to present day operations and developed a comprehensive plan to help tenants safely return to the office.

A major transportation and logistics company took the remaining 40,551 square feet.

For office users that can delay making a decision, they are delaying. For those that can't, they are asking for an extension.

July rent collections for retail properties increased nearly 15% compared to June and 36% compared to May.