The Return of the Office: Predictions and Trends
Industrial Advisors
English - January 26, 2024 09:01 - 6 minutes - 7.49 MB - ★★★★★ - 21 ratingsInvesting Business News Business News colliers international industrial real estate bill condon commercial real estate industrial advisors industrial advisors show matt mcgregor real estate Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Hosts Bill Condon and Matt McGregor discuss observations and predictions about the office market's state post-pandemic. They express confidence in the market's return, noting an increased frequency of people in offices on Tuesdays to Thursdays, while remote work seems to be more common on Mondays and Fridays. They also mention specific office deals and market vacancy rates, highlighting recent improvements despite higher vacancy rates. They predict a likely surge in the office market sooner than expected as people return to offices and contribute to downtown commerce. The hosts also discuss the residual effect this return has on the boost of the retail sector, particularly restaurants suffering from the pandemic.
00:35 Introduction and Welcome
00:39 Discussion on Office Market
01:04 Observations on Office Attendance
02:13 Impact on Leasing Market
02:48 Predictions for Office Market Recovery
03:53 Impact on Retail Sector
04:26 Potential Investment Opportunities
05:17 Effects on Restaurants and Local Businesses
05:56 Conclusion and Wrap-up