A recent survey revealed that 50% of office workers would resign if required to return to the office. What does this mean the future demand for office space in America? Major institutional owners of Class B and C office buildings in New York and Chicago have recently turned the keys over to their lenders.
In today’s podcast, we consider all the flags ahead for the office sector and discuss what landlords can do to attract tenants back to the office. We also consider flexible leasing terms and lender approval, and Biden’s new 2023 proposed budget and the impact to CRE.
We track commercial real estate so you can focus on your business.
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Blue Box Real Estate, LLC is an independent commercial real estate firm in South Florida. Find us at www.blueboxre.com today. Or email Jorge Morales directly at jorge.morales@blueboxre.com.