10 year commercial lease agreement

commercial landlords have faced many challenges since the covid-19 pandemic began last year, such as, grappling with tenants over unpaid rent and the need to develop strategic measures for tenants returning to the office or business for work. the survey revealed 39% of landlords do not believe the formerly popular 10-year lease will remain an industry fixture moving forward. the survey revealed, 57% of landlords believe coworking companies will remain relevant to commercial tenants 10 years in the future. commercial landlords largely agree with their tenants that the future of office workspace will involve hybrid work schedules, with 82% of survey respondents believing employees will only want to work from the office a few days a week. many landlords anticipate tenants will attempt to fight terms from the original lease citing force majeure clauses.