With increased remote work and PPE measures being installed, co-working spaces will likely be on the rise, but offices will certainly not be as large or prominent as they once were. This does not mean, however, that the commercial real estate market is dying. Rather, the needs of consumers have just shifted.
Commercial property owners must continue keeping a close eye on their properties from both economic and safety-oriented perspectives. To get off to a good start, here are ways you can protect your property during a mandatory shut down.
Across industries, leaders use the lessons from this large-scale work-from-home experiment to reimagine how work is done—and what role offices should play—in creative and bold ways. The real estate industry has recognized the need for change and adaptation in response to COVID-19, as well as the need to embrace technology.
The state economy has been profoundly impacted by the pandemic, and that’s especially true for the commercial real estate sector. While it could rebound back to its pre-pandemic highs, it’ll have to make some serious changes to do so.
