Office

During the pandemic, leasing activity is down 70% from last year and tenants signing leases are favoring short lease terms.

The twin-tower complex is the first new office space built in Palm Beach Gardens in nearly a decade.

The combination of increased funding and a workforce that needs to come to the offices makes the sector resilient.

Developer Related has topped off the 20-story, 300,000-square-foot tower.

The pandemic has precipitated a meaningful pullback as tenants revert to the rent-free work from home alternative.

Demand for office space has decreased 20% more during the pandemic than it did during the Great Financial Crisis.

Activity in the sector did decline year-over-year in the second quarter, but when compared to dips in other industries, the legal profession rode high.

The brokerage firm is looking to make life easier and more enjoyable for the growing number of employees working remotely, as well as the few who have to return to their office.