Corporate real estate is moving beyond just being a cost center. It's now something more strategic.
This is not a new trajectory—other disciplines have made similar journeys, such as procurement and human resources in earlier years. Now it is real estate's turn.
These corporate departments will need to consider ways to give a more distributed workforce the flexibility to choose when and where to work, which could mean a network of workspaces across various markets, according to Cushman & Wakefield's Workplace Ecosystems of the Future report
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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.
