INSIGHTS: Articles

"Post-Pandemic Primer: How to negotiate leases now," Chain Store Age

In an article published in Chain Store Age on July 27, 2021, Jonathan Pisha discusses COVID-19’s impact on commercial real estate transactions and certain provisions that tenants entering into leases have the opportunity to proactively negotiate in order to better protect their businesses in the event of future pandemics.

These provisions include a force majeure clause, condemnation, use clauses and health and wellness amenities.

“As the country and the economy continue to move toward a post-COVID-19 reality, retail tenants are urged to consider how their leases came up short in meeting the challenges presented by the pandemic, and to negotiate for provisions in their leases leaving them well-positioned to overcome those challenges should a pandemic occur in the future,” Pisha concludes.

For the full article, you may click here.