So-called "urban suburbs" are a lone bright spot for office landlords, according to the Yardi Commercial Edge National Office Report.
Now that more workers are facing the reality of returning to the office, many, especially young ones, are looking for walkable and amenity-rich suburban neighborhoods that can support new mixed-use developments, said Yardi's Evelyn Jozsa.
Commercial Edge said that commute times are the most significant factor affecting the decision to return to the office and that workers would choose the suburbs over an urban setting because of it.
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