|
|
|
|
|
|
by varenc
1059 days ago
|
|
|
This is my take too. The strictness of the tenant rent requirements seem like a "bug" in the lease agreement. In a situation like this where there's a massive downturn in office rental value and not much expectation it'll lift any time soon, it seems in both parties benefit by allowing lower rents. Locking commercial tenants in 5-10 year leases at current market rates will probably mean the building owner defaults on their debt, but that seems inevitable. |
|
|