Gregory LaPlaunt | Source | Manager, Commercial Products at Clear Capital

With very few office and retail tenants signing new contracts since the onset of COVID, the appraiser and broker community is increasingly relying on active listings and interviews with market participants to guide their market research and support their analysis.
This tenant performance metric underscores sharply the unprecedented shift of consumers to e-commerce from brick and mortar locations, a trend already seen firmly intact pre-COVID. Once lauded for their high traffic, shopping centers and malls are now seen as 'high-risk' by consumers and investors alike.