Key Take-Aways
• Sales/purchase transactions are continuing to happen, but leasing activity is way down.
• Rent relief requests and discussions are continuing, with the tenants that are being reasonable having the most success.
• The market is seeing an uptick of industrial and manufacturing inquiries, with a number of them coming in internationally.
• Several Member companies are outlining their ‘Reopening Protocols” that will occur in June to include:
o One way path of travel thru office space
o Limit of 2 people per elevator
o Use of a stylus for touching copiers, buttons, etc.
o Kitchens being off limits
o Temperatures being taken at entry (not to exceed 100.4 degrees)
o Huddle rooms being turned into private offices
o Conference room seating limited – 20 person becoming a 6 person room