As coronavirus (COVID-19) continues to spread, its impact on the economy and commercial real estate industry will be wide-reaching. Here at LoopNet, we’re staying on top of what the pandemic means for owners, tenants, and buyers, and how you can not only respond to the changing real estate landscape, but be proactive to stay one step ahead for your business.
Below, you’ll find our coverage of the pandemic as we follow the latest updates and learn how coronavirus will impact each sector of commercial real estate. We’ve also compiled information about how to reopen and operate your business during coronavirus, with advice and resources for making people feel safe.
Office Leasing & Buying
Here’s How Much It Costs to Modify Your Office Amid the Coronavirus Pandemic
Use these figures to estimate the costs you may incur as you prepare your office to open and operate.
Coworking Playbook Shows How to Modify Space and Behavior
Guide from global task force emphasizes changes to social and spatial elements in the COVID-19 era.
Desire For Flexibility Will Define the Post-Coronavirus Workplace
Offices will continue to thrive in conjunction with increased telework.
New Surveys Show More Telework Won’t Kill the Office
Big majorities say they don’t expect to work from home forever.
Sustainable Building Groups Add New Health, Safety Ratings as Businesses Return from Pandemic
New programs aimed at helping building owners, managers and tenants discourage spread of COVID-19.
Helipad Yoga and Rooftop Squash Courts: Office Amenities Adapt to Pandemic
New office experiences emphasize health, outdoor activities
5 Ways Coronavirus Will Drive Future Office Development
Developers and tenants will prioritize healthy work environments going forward, plus other considerations for post-pandemic office development.
The Post-Pandemic Office: Fake Sharkskin Door Handles and No Restroom Doors
Architects Rethink Long-Term Workplace Design in a Post-Coronavirus World
Urban Exodus? Suburban Offices May Offer New Appeal
Post-COVID TOD valuations look promising, but it’s still too early to tell.
Sneeze Guards, Air Filters Pitched as Quick Fixes for Reopening Offices
Guidelines From OSHA, CDC, Cushman & Wakefield Aimed at Keeping Costs Low
Multifamily Investing
Will Coronavirus Create Multifamily Investment Opportunities?
Six trends we may see in the apartment market.
How Increased Telework Will Inform Multifamily Design
Architects and Landlords are Homing in on Improved Flexibility for Workspaces
Suburban Apartments Show New Signs of Demand
Vacancies are on the rise for urban assets as residents reevaluate live-work-play lifestyles.
As Apartment Sales Slow, Little Investors Step Up
Regional players win deals while using localized knowledge to their advantage.
Tenants Under Quarantine: 5 Key Questions to Answer
Here are strategies for handling the situation effectively.
Apartment Owners Respond to Coronavirus Pandemic
MAA, Greystar, and other major owners and managers act to keep residents as safe as possible by shutting down gym and other amenities.
For Apartment Buyers, Coronavirus Adds a New Wrinkle: No More Tours
Walk-throughs of rentals are usually a key part of an investor’s due diligence process. For now, virtual tours and enhanced escrow arrangement might have to suffice.
7 Handy Apps for Rental Property Owners
Manage property maintenance, find tenants, and collect rent all from your mobile device.
Finance & Legal
California Bill Allowing Small Business Tenants to Terminate Leases Advances in Senate
A divisive senate bill to regulate commercial leases was approved by committee.
Q&A: Real Estate Expert Predicts Impact of Coronavirus on the Market
Norm Miller talks with LoopNet about rent reduction requests, debt relief, and renegotiated leases.
Rent Forgiveness and Coronavirus: How to Keep Tenants and Stay Afloat
Landlords provide practical solutions for tenants who can’t pay rent.
Five Real Estate Takeaways From Senate Approval of Coronavirus Stimulus
The $2.2 trillion package includes help for all property sectors.
Appraisers Tackle Valuing Properties in Coronavirus-Disrupted Economy
Experts say data is still critical even as it changes day to day.
IRS Extends Tax Deadlines for Opportunity Zone, 1031 Exchange Investors
Federal guidance provides relief for buyers, sellers with deals delayed by cororavirus pandemic.
Answers to Legal Questions about Real Estate During Coronavirus
Insight from an attorney for navigating contracts.
How Landlords Can Work with Tenants to Get Through the Coronavirus Crisis
Many tenants simply don’t have the revenue to make rent.
Coronavirus Losses Could Trigger ‘Act of God’ Clauses in Contracts, Insurance Claims
Companies should review policies and agreements to address pandemic-related business interruptions.
Industrial
Coronavirus Ignites Opportunities in Cold Storage
Demand for online groceries and pharmaceuticals drive growth in the supply chain.
How Brokers Do Business During the Pandemic in Top Industrial Areas
E-commerce demand seen fueling more warehouses, distribution centers.
Demand for Medical Devices, E-Commerce Boost Industrial Properties Near US-Mexico Border
Much of the life-saving medical equipment and protective gear arriving at hospitals in coming weeks will probably come through hubs along the U.S.-Mexico border. The demand could have a lasting impact on San Diego.
Owners of Data Centers and Industrial Space Could Emerge Stronger From Crisis, Analysts Say
Cushman & Wakefield and others predict that while most commercial property types are expected to be negatively affected by the coronavirus pandemic, industrial real estate and data centers could see gains in demand from e-commerce sales and increased data.
Restaurant and Retail
Devastated US Restaurants Look to Landlords for Rescue
Food and beverage industry seeks new rent structures and partnerships to survive COVID-19.
Future of Restaurants Heads to the Curb As Cities Pave Way for Outdoor Dining
City officials expedite regulations to allow for more outside seating as eateries reel From pandemic.
Restaurants Could Adapt to Coronavirus Era as Food Halls, Parisian Parlors
Large common spaces give patrons sense of safety amid outbreak.
Confusion Mounts Among Retail Tenants Lost in Patchwork of Municipal Reopening Rules
Small businesses are struggling to keep up with divergent timelines and safety protocols.
Architect Develops Design Schemes for Outdoor Dining
NYC Hospitality Alliance teamed up with The Rockwell Group to visualize outdoor dining set ups.
Essential Net-Lease Assets Offer Appeal in Pandemic
Single-tenant drug, dollar and grocery stores among real estate to remain in demand
Guidelines for Reopening Restaurants: Masks, Disposable Menus and Social Distancing
West Coast states (Arizona, California, Oregon, Washington) begin issuing guidance for bringing back diners.
Reopening Retail: 5 Ways to Make Customers Feel Safe
How store owners can put everyone at ease.
Who’s Going Back to Retail Stores? 77% of Respondents to ICSC Survey Say They Are
Comfort level is expected to kick in two months after stay-at-home mandates are lifted.
Ghost Kitchens Grow As Eat-in Restaurants Close Their Doors
Virtual kitchens see an opportunity as demand for food delivery increases.
UBS Estimates 100,000 More Retail Stores Will Close by 2025
Analysts say coronavirus hastens disruption brought by e-commerce.