Getting occupiers the best results

In 2020, with over 32,000 flexible workspaces worldwide representing 521 million square feet and a global market value estimated at $26 billion, the flexible office sector is well-positioned to weather the storm.

Countless tenants and property owners across the region and nation are facing the same quandary as many businesses are short on cash because their doors are closed, customers are staying home and travel is restricted.

“We’re in the early innings of understanding what the potential outcome will be,” Brandon Leitner, Senior Vice President in Cresa's San Francisco office said of the effects of the coronavirus.