In the near term, the development team will come up with a sustainable, viable program for Mare Island that is tailored to Vallejo's location, culture and character, and updated for the 21st Century.

Landlords can reevaluate the lease to better reflect the current situation and any new policies implemented.

While every asset class has exposure to the economic impacts of the pandemic, CapRock Partners says industrial will be the most resilient asset class in the current crisis.

It is impossible to know the depths of the current recession, but there is a plausible scenario that class-B and class-C apartments could see increased demand.