Why do commercial spaces sit vacant?

Why do commercial spaces sit vacant? “in many cases, lowering the rent on a building will force the bank to foreclose on it.” The piece explains why a half-empty storefront can still make more sense to the owner and the bank than cutting rent, because the building is treated as an income stream, not a building. To those of you who know a lot about this topic, I’d love to hear from you if there’s anything this author gets wrong! ~ learn more