While brokers don’t believe the office is going away, they expect the challenges presented by the pandemic to last into next year.
The office sector remains in a tough spot. The pace of workers’ return to offices varies tremendously across the country at the COVID-19 pandemic remains far from contained in multiple states.
There are big questions as to what the density of office spaces will look like in the long term and how many jobs might be permanently shifted to work-from-home positions. Throw in increased political volatility, marked by ongoing anti-racist protests around the country, and it’s a difficult moment to be an office broker.
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