Winter is coming, and the nation is girding itself for a second wave of the COVID-19 pandemic. Now is the time for retail and office landlords and tenants to prepare for potential closures, slowdowns (and possibly shutdowns), and continuing economic uncertainty, while viewing the change through the lens of lessons learned during the past six months.
Landlords and tenants will need to closely monitor government orders and requirements in order to ensure business operations comply with social distancing guidelines and workplace safety. However, one of the most important lessons of this era is that landlords and tenants would be wise to change long-term strategies due the lasting impact of the COVID-19 pandemic.
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