In a focus group with 32 owners, occupiers and placemakers, Cushman & Wakefield found there is still a place for the office, though remote work productivity has remained strong. Not only were both management and professional staff able to do their work remotely, but administrative and non-exempt workers were also able to execute at a high level.

"It was an 'aha moment' that we can actually be very productive when you put 90% of your colleagues fully remote," one executive told C&W.

Still, the occupiers in C&W's focus groups indicated that increased remote work has created a perceived cost in long-term productivity, corporate culture and innovation and creativity. They shared that employees wanted to go back to the office to connect and collaborate. In fact, work-from-home fatigue is setting in, which is partially driven by video conferencing. The technology has led to "meeting sprawl" as meetings have increased for many people.

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Leslie Shaver

Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to and Real Estate Forum.