Over the last several years many companies have deemed Downtown areas as the desired place to establish office space. Some incentives for Downtown office locations had included the vast number of millennial urbanites, entertainment, and easy access to public transit.
However, companies are rethinking their office location strategies and shifting back to the suburbs due to the need for greater social distancing and remote working stemming from the corona-virus pandemic, along with a typically lower cost per square foot for office space. Additionally, in a recent survey conducted by the International Council of Shopping Centers found 27% of U.S. adults are considering a move, many of which have sights on suburbs and rural areas. 43% of those making that consideration are millennials, which may further influence company decision makers.
If you would like a free, no obligation analysis of your current situation and alternatives, please contact me. As an Office Specialist with extensive experience, I can help you understand and navigate the current challenges related to your workspace requirements.