Speed, agility, informed intelligence and firsthand experience in your space. Government contractors need a different kind of specialist who can manage the aggressive challenges you face in procuring and managing real estate.
In the final quarter of 2022, the Edmonton office market continued to experience vacancy pressure as total vacancy increased slightly to 19.66 percent, which is an increase of half a percent from the previous quarter. Net absorption for Q4 calculated at approximately negative 160,000 square feet for the greater Edmonton area.
As global companies realize the importance of having a unified approach to their real estate demands, the need to understand local market practices and business traditions is greater than ever.
Jim Underhill arguing that people are not going back—at least, not to the office life we had, with hundreds or thousands of employees showing up at the same building every day, often to be squeezed into a densely packed, open-plan office. “Call it a de-consolidation of space, rather than having everyone come into one massive office in the cities, though they will remain the hub,” he told Quartz.
While many companies are temporarily pumping the brakes on expansion due to COVID-19, Amazon is aggressively eyeing more space throughout the country, including in North Texas.
As you continue to assess the impacts of COVID-19 on your business and workforce, Cresa can help you reinvent and reposition your business.
In light of the significant impact that the COVID-19 pandemic has had on so many across the world, Cresa Cares has donated $100,000 to relief efforts. We feel fortunate to be able to assist the following organizations in continuing the amazing work they are doing.