While there are barriers to adaptive reuse projects, such as zoning restrictions, issues with building envelopes, governmental regulations and hazardous material abatement, Hancock thinks the positives outweigh the negatives with these products.
"I'm seeing that, in general, resorting to the courts for relief of obligations is not working very well. I don't anticipate that it will," said attorney Scott Lippert.
Reading the fine print of a contract between a landlord and tenant is always important, but adding special language to a lease can help decrease the risk of litigation after damage caused by a hurricane.
"In my experience, most commercial real estate agencies are far behind the times when it comes to website technology, especially when compared to the residential market."