Office

Investment sales saw 13 deals totalling 637,000 square feet get done in Q1 of 2020, with a combined value of $157.7 million.

Job losses ranged from -206,000 in construction of buildings to -222,000 in real estate and rental and leasing.

The researchers with Jones Lang LaSalle predicted the pandemic "may change the appeal of working alongside strangers, and in unassigned seats in any office environment, at least in the short term."

SKB says the 378,300-square-foot investment aligns with where companies are headed in a post COVID-19 world in terms of re-evaluating risks and seeking ways to benefit.

Returning workers are worried, particularly about office cleaning procedures and their co-workers.

The report questioned whether businesses will decide to use less office space and instead push their operations to remote or work-from-home situations.

Office property managers are implementing ways to make the experience touch-less as states prepare to return to work.

Florida law firm leaders say productivity hasn't suffered with people at home.