What do major REIT’s stock prices dropping mean for your lease? Commercial space value is likely dropping as companies reprioritize their working arrangements. This is seen in the drop in stock value of many REITs, and not necessarily your building value just yet. It is important for your broker to understand the changing market, and take initiative in your leasing negotiations. These changes in value are likely to persist post covid, as companies adapt to the new style of working remotely, using less space.
This most likely may work in the tenant’s favor. Contact GE Grace for suggestions and to answer any questions about your space.