Julie Whelan v3: Sentiment Shift, Location, Vibrancy | Work 20XX Ep31

Julie Whelan and the CBRE research team delivered the updated 2024 edition of the US Office Occupier Sentiment Survey. This marks the third consecutive year we’ve had Julie on to share the findings and some of the insights behind the numbers.

For the first time since Covid, according to Julie, the survey feels somewhat ‘normal,’ reflecting a significant shift in sentiment regarding organizations ‘shedding’ space. While the past few years focused on downsizing and adapting to hybrid work models, companies are now reaching a "steady state" where office space utilization is stabilizing, and some organizations are even considering expanding their space.

Please join me in welcoming Julie Whelan back to Work 20XX.

We covered a range of topics, including the difference between measuring efficiency vs. effectiveness. We reviewed the latest on technology investments, from video conferencing and space scheduling to occupancy sensors and more. We also explored some innovative ways companies are using flexible and shared spaces to accommodate peak days when most employees are in the office, while still maintaining ‘vibrancy’ on days with fewer people present.

With New York’s Local Law 97 coming into play, we discussed the role of sustainability, net-zero goals, office conversions, and the capital markets adjustments that will reset a number of properties that no longer meet today’s standards.

These topics and more make for another highly engaging conversation with Julie, who has her finger on the pulse of the office market from a national perspective.

YouTube - Click Here   https://www.youtube.com/watch?v=2khvxe9CcQY&list=PLZURvMqWbYjmmJlwGj0L0jWbWdCej1Jlt&ab_channel=TurntheLenswithJeffFrick

Transcript and Show Notes - Click Here  https://www.work20xx.com/episode/julie-whelan-v3-sentiment-shift-location-vibrancy-work-20xx-ep31