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The pandemic is shaking up commercial real estate unlike any economic cycle we have ever experienced before, and the final shakeout is far from over. While the debate rages on about the nature of future office work – the work-from-home vs. get-back-in-the office model – the other emerging trend, the combination of an urban exodus with a surge in the suburbs, is clearly on, according to Jay Olshonsky, CCIM, FRICS, SIOR, President & CEO of NAI Global.

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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