Another group has come out with a prediction about what the post-pandemic office environment will look like.
A February survey of nearly 200 people from CoreNet Global says workers will spend roughly half of the workweek at the office and the remaining time either in a home office, remote location or co-working space once the pandemic ends.
With fewer workers coming in, companies will need less space. Fifty-four percent of the companies surveyed say the overall corporate footprint is expected to be smaller two years from now. Fourteen percent expect to see a decrease of greater than 30% in space. Another 31% see a reduction of 10% to 30%, while 9% predict a decrease of less than 10%.
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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.
