Many commercial real estate professionals have wanted to know when business would return to normal. But the problem with questions is the answers you can get. According to a new report from lease accounting software vendor LeaseQuery, the new normal may be previous levels of leases being signed but at post-pandemic prices.
The data comes from an analysis of "more than 2,000 companies' lease liabilities," which needs a caveat because there is no telling how many actual leases that covers or whether the businesses are nationally representative. Also, leases can be for equipment, not just buildings and land.
At the same time, perfect information in business is rare and often you must work with what you can get.
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