- Stuck in Neutral
A stubborn office market vacancy rate still hovers around 17.0 percent nationally in second quarter 2013, only marginally below its 17.6 percent peak in 2010. (See Reis sidebar, “The Numbers,” for a 2Q13 report.) This reflects the cautious attitude tenants
- The New Bottom Lines
Cost is still the main driver when most corporations consider the future of their office space portfolios, and for good reason. But according to Johnson Controls’ recent Collaboration 2020 study, this narrow perspective signals lost opportunities in the areas of
- Medical Office Trends
The U.S. demand for medical services is expected to skyrocket over the next decade due to demographic trends and new healthcare legislation. As baby boomers retire, the over–65 age bracket will grow by 36 percent and that age cohort traditionally
- Resizing or Right-Sizing?
Corporations around the globe have been holding on to office space in anticipation of a market rebound, but that’s about to change. “A growing number of corporate property owners say they have up to 50 percent excess leased office space,”
- Back to the Office?
As offices reopen, the COVID-19 workplace
must emphasize flexibility, safety, and collaboration.