Rocky Times for Office Landlords Require Careful Due Diligence by Tenants
Womble Perspectives
Womble Perspectives
Rocky Times for Office Landlords Require Careful Due Diligence by Tenants
Jun 25, 2024
Womble Bond Dickinson

In recent years, the commercial office market has faced unprecedented challenges. With office valuations plummeting, high interest rates, and soaring vacancy levels, landlords are struggling more than ever. For tenants, this volatile environment underscores the importance of due diligence before signing new leases. Whether you're entering a new agreement or extending an existing one, understanding your landlord's financial stability and operational capacity can save you from future headaches.

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About the author
Pamela V. Rothenberg