The Evolving Office Landscape

Office space dynamics are shifting post-pandemic:

• Decreased Utilization: Despite workers returning, office usage is about half of pre-pandemic levels.
• Sublease Surge: Sublease availability is nearing record highs in major metro areas, indicating companies are shedding space.
• Hybrid Future: The expectation of a strict 9-to-5 office routine is fading for those with market currency, with a shift towards hybrid work models.
• Middle Ground: Most companies will adopt hybrid approaches, avoiding extremes of fully remote or fully in-office setups.