PRICE DISCOVERY: How the Commercial Real Estate Industry Will Respond After Coronavirus, And How it Won’t
March 16, 2020
OUTLOOK
Property Fundamentals: Expect leasing velocity and net absorption to demonstrate declines. Elective leasing decisions could decline precipitously given disruption to a broad array of industries and the time required to quantify immediate and lasting impacts. Forecasts for a sharp rebound in GDP in Q3 may create a floor for property fundamentals in Q4 as landlords benefit from a firmer…