Workers will return to the office, because they need the human contact, JLL says.
Outpost Scituate Hill would deliver approximately 70 300 SF office suites across 20 houses at a hilly parcel in Cohasset.
The percentage of office-using employees who have returned to in-person work was higher in the first week of October than at any point since March 2020.
The office complex was about 98% leased at the time of sale.
The rise of the delta variant has put off the market's recovery for months, beyond the normal boom-and-bust cycle seen in other recessions.
Dallas office market is seeing leasing levels not experienced in more than two decades.
Companies that are ready to bring employees back to work may benefit from figuring out what amenities would help employees feel more comfortable in the office.
For the first time since office demand hit its pandemic nadir, new demand declined month-over-month in September, according to data from VTS.
The possibilities for office owners in the new world of work are almost endless, and the pitfalls many
Just 183K SF will be allocated for San Francisco office development this year. But a large backlog of already-approved projects means developers aren't worried.
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