It is a terrible time to own a commercial property and be trying to lease it, and yet if you talk to anyone involved in the process of signing tenants to leases, you would never know.
You would hear about all the tenants about to sign leases, the necessity for quick action before the vacancy–the highest its been in years by the way–magically disappears, the perfect price point (not the top of the market, and with more amenities than you can possibly imagine), etc. etc.
I don’t suppose there’s anything particularly wrong about that situation, but you have to know where the incentives are, because otherwise you’d rush into a lease in a market where you have nothing but time and leverage on your side.
This is true everywhere. Incentives tell the tale, but you have to be willing to pay attention, and, where possible, find ways to align those incentives in the direction you’re heading.
Meaningful Returns 