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Scaling Sustainability for Commercial Real Estate

Scaling Sustainability for Commercial Real Estate

Honeywell
Published by: Research Desk Released: Apr 08, 2021

Commercial real estate (CRE) companies are not immune to the effects of the COVID-19 pandemic and the ensuing recession. Many landlords have felt the impact as their tenants face the challenges of keeping employees safe and staying afloat during an economic downturn that has affected companies in nearly every industry. Many commercial building owners and managers have seen property values and rents decline and delinquencies and vacancy rates rise.