There have been a lot of changes in how US businesses operate since the pandemic hit in March. Office workers have stayed at home, and retailers have closed their doors.
But if widespread vaccinations happen in the first half of 2021, one observer doesn't see dramatic changes to urban offices.
"We probably can get through this pandemic without a major impact to urban office," says Paul Fried, head of equity capital markets at Greystone Capital Advisors. "Most tenants have continued to pay and have not picked up stakes and left."
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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 GlobeSt.com and Real Estate Forum.
