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How Hybrid Work Is (And Isn’t) Reshaping Cities

HBR IdeaCast

NOTE

Embrace Evolution and Flexibility in Commercial Real Estate

The commercial real estate landscape is evolving, suggesting the need for change. Historically, businesses were tied to specific locations due to various factors like farms, ports, and industries. However, with technological advancements and the rise of remote work, the concept of being tethered to a physical space is changing. The trend towards decentralization challenges the traditional notion of long-term leases and large centralized workspaces. Flexible solutions are becoming more important to cater to the changing needs of businesses and employees in a more dispersed and dynamic work environment.

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