Quite a few multi-tenant commercial buildings have earned LEED EB O&M, and since you are only allowed to exclude up to 10% of a building's area the tenant occupying the 25% would need to participate.
It's true that EB O&M gets more complicated the more tenants are involved, but we've seen high rise office buildings with many tenants get certified. In some markets, we've seen a lot of older multi-tenant office buildings pursue EB O&M as a way to remain competitive with newer Class A office buildings.
The key is showing the tenant they don't "have to" participate, they "get to" participate, and should benefit in many ways in return for their participation. It can help to go through the checklist and categorize the credits by what fall under the scope of the building owner and management, and what falls under the tenant's effort. The more organized and specific you can be in what you are asking them to do or provide, the easier it will be for them to participate.
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