Jason Hartman Foundation

Jason Hartman talks with Josh Simon, distinguishing different types of commercial real estate, and how they were affected by coronavirus. Most of the media was publishing that commercial real estate is suffering, but it's important to distinguish what kind. Commercial spaces have shifted from experiential to essential, but most successful companies are making adjustments along the way.  New York and California, and similar high-density areas are having trouble enforcing social distancing. How will this affect possible migrations away from heavily populated areas, and the commercial property within? As these changes are made, and commercial spaces are being reused, what kind of zoning problems might come up? Key Takeaways: [3:45] While the news has published what they are calling disaster in retail spaces, Josh Simon clarifies exactly which retail spaces are struggling the most. [5:15] Commercial space has moved largely from experiential to essential. [11:25] The grocery store will likely get smaller over time