New CRE Impact Study
To paraphrase Mark Twain, the death of the office has been greatly exaggerated. This is according to the just-released BOMA International COVID-19 Commercial Real Estate Impact Study, a groundbreaking survey of more than 3,000 U.S. commercial office space decision-makers commissioned by BOMA International, underwritten by Yardi and developed by Brightline Strategies. The research confirms that, despite the havoc wreaked this year on the office sector by the pandemic, the vast majority of tenants still view in-person offices as operationally vital to their business success. The study also highlights the challenges tenants are facing and the key factors influencing their likelihood to reassess space needs and renew their leases.
BOMA members: Join us for an exclusive free webinar on December 8 providing a first look at the findings of the study and discover the next steps you should take now to mitigate and proactively address emerging industry trends, shifts in workplace priorities and changes in tenant preferences resulting from COVID-19.