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As consumers, fearful of the coronavirus, drive online sales, a narrative around industrial space markets has emerged: a surge in e-commerce will be a net positive for warehouse space markets.
From startups and tech giants to more old-school Wall Street firms, businesses are rethinking the role of office space and whether they even need it. Jack Burns, Managing Principal in Cresa's Boston office, weighs in.
The construction industry is experiencing a period of transition during the coronavirus pandemic. In Boston, authorities have made several changes in order to protect everyone involved.
The cultural barrier to “Work from Anywhere” has been torn down, changing the way that we work and opening doors to new opportunities. This demands a new view of the workplace – Workplace 2.0.
Although home office works fine in some exceptional situations and for special sectors and professions, it does not if done on a large scale or a daily basis. This is my firm belief as a real estate advisor and as an employer and team manager, says Artur Sutor, Partner, Head of Office Department, Cresa Poland.
The office market has traditionally relied on these aspects to draw in global companies that could sway market favourability, but will it be enough in a post-coronavirus world?