The year 2020 needs to be done. It is the middle of the year, and it seems like we are in the middle of the 10 plagues. Coronavirus, murder Hornets, Kobe Bryant’s death, record-breaking unemployment, social isolation, civil unrest and global economic recession. Yuck.

Discretionary consumer spending is limited due to social distancing measures, especially at brick-and-mortar premises like retailers in shopping malls. In these transitory economic moments when unexpected events shock our system, we crave comfort, certainty and more efficient markets. Many companies are streamlining their physical footprint on account of widespread telecommuting policies and economic incentives. During this pandemic period, commercial rents have come under siege with landlords and property owners struggling to carry their debt service.