Office markets are increasingly challenging. Vacancies are rising, and tenants are extra choosy about where and what they will lease. Firms are looking for newer buildings that offer accessible locations, first-class amenities and services, appealing designs, and functional layouts. And probably most important, with our memories still scarred from pandemic fears, tenants demand buildings perceived to provide superior health and safety features.
How should office building owners and managers respond, particularly for older buildings? Check out my new blog for Grace Hill here.
Office image courtesy of Grace Hill.
Posted: by Andrew J. Nelson
Category: office, Property Investment, Real Estate Research