In response to the current pandemic, people around the world have adapted to working in the virtual realm.
Office Leasing Activity Plummets 75% As Occupiers Put Off Big Decisions
Statistics on the office sector’s Q2 performance are starting to emerge, and it’s apparent the ongoing pandemic has severely cut into leasing activity.
Covid’s Short-Term, Long-Term Impact on Office
With office, recessions mean increasing vacancies, tenant subleasing space, shadow vacancy, and a tenant’s market with softening rents and declining property values.
Manhattan Office Leasing Plummets To Lowest Level In More Than A Decade
Manhattan office availability reached 10.6% during the quarter, the highest it has been in more than five years.
This is What Office Construction Post-COVID Shutdown Looks Like
Should 78 million square feet of office construction be a concern at a time when many workers might opt to work remotely for at least part of their work week?
The Pandemic Might Have Broken The Office Market's Supply-Demand Dynamic. For Now.
The new workplace isn’t a building, instead, it is a network of real and virtual places forming an ecosystem designed to support each individual business. Hub-and-spoke working may be part of the answer.
The future of global office demand
Increased working from home doesn’t equate to less demand. Our research identifies four key factors that will play a major role in shaping future office spaces.
COVID-19 Will Cast A Long Shadow on the Office Sector
Why COVID-19 Is Changing Office Space Not Ending It
While the pandemic has accelerated a widespread acceptance of remote work, it won’t make buildings obsolete.
Culture Clash: Corporations Are Changing, Putting the Future of Office Space in Limbo
Spencer Levy, CBRE’s senior economic advisor and chairman of Americas research, talks company culture and competitive advantage.
NYC's Office Buildings Are Readying To Reopen, But Most Workers Aren't Ready To Come Back
New York City is inching back to life, and the owners of some of the world’s priciest, densest buildings are working toward a new era of protocols and regulations that would have been unimaginable four months ago.
Colliers Monthly Manhattan Office Space Report Shows Mixed Message
With monthly leasing activity in the Big Apple having increased while seeing lower leasing volume year-over-year, the latest Colliers International Manhattan Monthly Snapshot for May 2020 is decidedly mixed.
Make Way For Newer Offices, Experts Say
Since 2010, demand for four- and five-star offices has grown at four times the rate of that for three-star properties and 19 times the rate of that for one- and two-star offices, according to CoStar.
Office Owners Are In No Hurry For Tenants To Return
Corporate Office Space To Shrink in the Long Run Due to Multiple Pressures
While the virus will end at some date, its effects will last much longer, noted Messaging Architects.
Here's How Offices Of The Future May Compete With Remote Work
Now, months into a pandemic, commercial landlords are tasked with trying to lure companies permanently back from what has been, at least for some, a surprisingly successful experiment in remote work.
The Shift To Remote Work Could Encourage More Suburban Satellite Offices
Colliers International Sees Sharp Increase in Office Vacancies
The coronavirus has forced Colliers International to make “adjustments” that counterbalance present and the future negative trends that the coronavirus pandemic has had on its national office markets.
The Long-Term Threat to Office Demand is Getting Real
While many companies are declaring they plan to shift to permanent remote workers, others believe that these companies will change their footprint to focus on suburban locations.
Will Demand For Less Density Offset The WFH Office Exodus?
Decreased workplace density would reverse a trend that was rock solid throughout much of the past decade.