In this environment, office and retail landlords should probably work with tenants when they need a break with rent.
But Jeff Lerman, co-founder of Lerman Law Partners, LLP, says they shouldn't give away the farm.
"One of the biggest mistakes is that the landlord feels like they have no choice but to give the tenant everything," Lerman says. "But that's not always necessary."
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
