Landlords and Tenants are Thinking About Post-COVID Opportunities
Originally published on April 1, 2020 in the Tampa Bay Business Journal by Ashley Gurbal Kritzer
April 1 marks the first time since the coronavirus outbreak took hold that commercial rent payments are due. Retail tenants — traditional retailers but also restaurants, fitness studios, dry cleaners and more — have been among the hardest hit by the pandemic. In Hillsborough and Pinellas counties, many of those tenants are nonessential businesses and no longer allowed to open their brick-and-mortar doors; others, like restaurants, have seen their sales capacity greatly reduced as the state banned all restaurant operation beyond takeout and delivery.