Thank you Josh Bowman from Sherin and Lodgen for joining the BRA Morning Zoom. Key takeaways include. The government is not doing enough to help businesses in the CARES Act. Landlords and tenants need to have open conversations sooner than later and work cooperatively to restructure their leases. Be proactive. Real estate owners should seek […]
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Viewing posts from: March 2020
27Mar
Thank you Josh Bowman from Sherin and Lodgen for joining the BRA Morning Zoom.
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MARKET HIGHLIGHTS • Subleases are the only value left (if you can find one) • Percent annual rent increase are the new market norm (change from $/SF) = Greater impact on longterm occupancy costs • Landlord allowances are at historically low levels as a % of overall tenant improvement costs • Spec suites are keeping […]
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