3min chapter

The Weekly Take from CBRE cover image

The Price You Pay: The costs and benefits of creating a modern workspace

The Weekly Take from CBRE

CHAPTER

The Challenges That We're Seeing Right Now

The bane of everyone's existence right now is lead times. I'm having this problem right now on a project where we're doing work for a landlord, repurposing the building. We have supplemental units going in that normally would take anywhere between 12 to 18 weeks before COVID. And now we're talking 30 to 40 weeks of a lead time. The biggest difference from a global standpoint is just the cost of skilled labor.

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