Episode 036 - COVID-19's bite on the economy worse than imagined - Coronavirus and Commercial Real Estate

Don't Sign the Lease!

Coronavirus and the government mandates have crippled the economy and the forecast is bleak in the short term. In today's episode, we discuss the continued layoffs by startups, the long term impact of work from home implementation on demand for office space, as well as the skyrocketing unemployment figures which just wiped out all the job gains since the 2008-09 Great Recession. The picture is bleak, but for South Florida, unemployment figures may point to a silver lining for the Sunshine State. Coronavirus and Commercial Real Estate is a bi-weekly look at commercial real estate news and events. We track commercial real estate so you can focus on your business. Please subscribe to the channel and give us a thumbs up. Comments are welcomed. Jorge Morales is President of Blue Box Real Estate, a best-in-class independent commercial real estate firm in South Florida. Find us at www.blueboxre.com.