A new trend is emerging in the troubled office space, one that an expert tells GlobeSt.com could become a more commonplace product in this category as it gain traction: the boutique office building coupled with amenities.
With the work-from-home trend picking up since the onset of the pandemic, office space is less of a need now.
According to a report from CBRE, office space requirements between 10,000 and 20,000 square feet have increased by seven percent since 2019, as of April. Larger ones, ranging from 50,000 to 100,000 SF have dropped 38 percent. And those larger than 100,000 SF have plunged 36 percent.
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