The COVID-19 pandemic altered how we live and work in countless ways, and its impacts are still being felt. As the questions of how we work, where we work, and how we consume goods and services are reevaluated, we must also reexamine how commercial leases are structured and address the changing challenges presented by the pandemic.
This new program launches with a presentation of current conditions in the commercial real estate leasing market, with an emphasis on the office, retail, industrial, and biotech sectors in the Greater Boston area. The faculty then identify and discuss key commercial lease provisions implicated by the pandemic, and how these provisions are viewed and can be negotiated from each of the landlord’s and tenant’s perspectives. The program concludes with an open Q&A session; bring your questions and join the dynamic discussion.
This new program launches with a presentation of current conditions in the commercial real estate leasing market, with an emphasis on the office, retail, industrial, and biotech sectors in the Greater Boston area. The faculty then identify and discuss key commercial lease provisions implicated by the pandemic, and how these provisions are viewed and can be negotiated from each of the landlord’s and tenant’s perspectives. The program concludes with an open Q&A session; bring your questions and join the dynamic discussion.
Course Content
11:00 - 11:05 amWelcome and Introduction
Zachary D. Drench, Esq.,
Lerner & Holmes, PC, Boston
11:05 - 11:15 am
Overview of Current Conditions in the Greater Boston Leasing Market
Margaret Fee,
Newmark, Boston
11:15 - 11:25 am
Effects of the Pandemic on Different Market Sectors
Margaret Fee,
Newmark, Boston
11:25 - 12:55 pm
Discussion of Key Lease Provisions Implicated by the Pandemic
Force majeure clausesEquitable doctrinesRent relief clausesConstruction timing and delaysTerm and rent commencement datesContinuous operations clausesCo-tenancy requirementsCasualty provisions
Tenant default clauses and landlord remedies
Time is of the essence” concept
Jennifer Ioli Connelly, Esq.,
Sherin and Lodgen LLP, Boston
Zachary D. Drench, Esq.,
Lerner & Holmes, PC, Boston
Margaret Fee,
Newmark, Boston
Michael Holiday, Esq.,
Holiday Law Firm, PC, Wellesley
Please Note
This webcast is delivered completely online, underscoring their convenience and appeal.
There are no published print materials. All written materials are available electronically only.
They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.
Speakers
ChairZachary D. Drench, Esq.,
Lerner & Holmes, PC, Boston
Faculty
Jennifer Ioli Connelly, Esq.,
Sherin and Lodgen LLP, Boston
Margaret Fee,
Newmark, Boston
Michael Holiday, Esq.,
Holiday Law Firm, PC, Wellesley
