Amid the pandemic, the suburbs have become an appealing place to live, play and work. People are moving to these enclaves in droves and many businesses are eyeing them as ideal locations for hub-and-spoke location models.
Despite that, Julie Whelan, vice president, global head of Occupier Research at CBRE, thinks the urban core still holds a lot of weight in future portfolio strategies.
But there might be some changes.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
