Glancy, David P.; Wang, J. Christina - 2023 - This version: August 2023
This study analyzes how lease expirations affect the performance of commercial real estate (CRE) properties and how … these patterns changed during the COVID-19 crisis. Even before the pandemic, lease expirations were associated with a … effect of lease expirations on office occupancy increased more than 50 percent overall, and it doubled for offices in central …