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Owners of the vacant office space who like collecting rent more than they hate the expense, risk and hassle. Landlords pay for it, in the expectation of making
by hirundo 4y ago
Owners of the vacant office space who like collecting rent more than they hate the expense, risk and hassle. Landlords pay for it, in the expectation of making it back from tenants.
- dicomdan 4y agoHaven't you forgotten to ask the Board of Supervisors?
- bombcar 4y agoCommercial properties are often owned by massive real estate conglomerates who don't have much incentive to convert a property unless they're going to immediately offload it afterwards. And the buildings that are owned by individuals/families may be owned outright so they don't have much loan pressure on them.