Are the decisions recent college graduates make about where they choose to live and work predictors of the future strength of individual office markets?
A new analysis of talent hubs in 2024 by JLL suggests there's at least a strong link.
"Understanding trends in graduate locations helps illuminate the future of the office market," it stated. "Most new graduates will never relocate to a different metro area after establishing their career. These decisions, in many cases, reflect a multi-decade commitment to reside in that market, and gradually influence the quantity and quality of office that makes up a particular market."
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
