Flex Space Will Be a Major Component of Future Office Portfolio Strategies

Flexible office space is coming back into the fold. After a rocky year leading up to the pandemic, flexible office space is once again spiking in popularity with the growing prevalence for remote and hybrid work, In short, it is becoming an important part of an office portfolio.

“Today, there are non-traditional portfolio strategies that they are able to deploy to allow them more flexibility, and that is flexible office space. This idea of having fully built-out space with flexibility lease terms where you can go in as a tenant and be quite nimble,” Julie Whelan, global head of occupier thought leadership at CBRE, said in a webinar hosted by CBRE that discussed workplace strategy and occupier sentiment.