There are a lot of questions and uncertainties about the future of the office market, but major office owner KBS has a simple answer: office buildings are not going away. The investor says that there will always be demand for office space, but with the rollout of the vaccine and an end in sight for the pandemic, it is bullish on office activity this year.

"Office buildings are not going away any time soon," Giovanni Cordoves, Western regional president, tells GlobeSt.com. "As long as workers have a need for community and employers strive for ingenuity and collaboration, there will be a demand for office space. Additionally, as the COVID-19 vaccine becomes more widely available and people feel safe and comfortable, well-amenitized office properties will once again be in high demand."

In Dallas, where KBS has a significant portfolio, early re-entry into the office space has been a good indicator of demand and the recovery of the office market. "As Dallas companies come back to the workplace, they will spur other companies to do the same, which will quickly foster the sense of returning to normal that we all crave," Brett Merz, SVP and asset manager for the state of Texas for KBS, tells GlobeSt.com. "We see great potential in the Dallas market as a thriving business hub that is poised for future growth once we have weathered the storm and the pandemic is behind us."