Despite the overall successfulshift to working from home, offices are not a thing of the past,according to a newreport from realestate investment management firm Black CreekGroup.
While there are potentialcost-savings to having employees permanently work fromhome—notably, spending less money on office space—they want to beback in the office for at least a few days a week as the Covid-19pandemic wears on, the report found. It added that over time afully remote work force suffers declines in collaboration andproductivity.
"Investors owning multi-tenantoffice buildings that provide flexible configurations in desirable,lower cost-of-living cities or suburban markets could benefit,"Black Creek said in the report.
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Meredith Hobbs
Meredith Hobbs writes about the Atlanta legal community and the business of law. Contact her at [email protected] or 404.419.2837. On Twitter: @MeredithHobbs.
