Office

The sale valued the property at $2.4 billion, or $960 per square foot.

Employees are adjusting well to working from home during the pandemic and remain amazingly productive.

According to Cushman & Wakefield, the downturn will be intense and short-lived, bringing a certain but nominal decrease in office activity.

Completing a $1.5 million lease expansion, the company will occupy Gladstone Commercial Corporation's entire 103,000-square-foot, class-A office building.

The company's head of global real estate says that Microsoft isn't in any rush to get employees back into offices. But when they do return the goal is to work in team rooms and "neighborhoods," with appropriate social distancing.

These potential risks may not be covered by current property insurance, says Saul Ewing Arnstein & Lehr's Louis P. Archambault

The Yardi Matrix report found that the government sector, and the financial services and technology industries have seen the fewest layoffs thus far in the pandemic.

Most of the time a guarantee is not a provision of a lease agreement but rather an independent instrument, says Warshaw Burstein's Maxwell Breed.