Notifying Existing Commercial Tenants of Ownership Change

[John Hunter]

Newbie Commercial Landlord Question!

Closing on a commercial property in Illinois later this week with a strong tenant already in place with a lease signed thru 2027. To anyone with experience acquiring properties with existing tenants (who you strongly desire to keep!), how did you inform them of the change in ownership? Is there a legal process that needs followed? Would a simple letter explaining the ownership change suffice? In-person conversation? 

Thanks in advance!