If the doom-and-gloom headlines about the beleaguered office sector in 2023 gave you the impression that office footprints are in a downward spiral in core markets, think again.
A real-time measurement of office footprints shows that office tenants are adjusting to the reality of hybrid work patterns by stabilizing office footprints and adapting them to include more shared collaborative and flex space.
"The size of office footprints hasn't changed as much as people thought it would have," Ryan Masiello, Chief Strategy Officer at VTS, told Globe St.com.
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