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Before, During, and After Office Reopening
As the nation inches toward herd immunity, companies must determine when and how to reopen their workplaces.
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In 2021, leasing activity totals 2.7 million square feet so far this year with subleases accounting for 40% of space leased.
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After a deep decline in demand in 2020, tenants in the market for office space increased to 3.6 million square feet in June 2021
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Coworking’s physical presence in most markets amounts to less than 10 percent of the total office inventory, yet its impact resonates throughout the office-using tenant base.
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LA West's 4.5 million square feet (msf) of current sublease availability represents 7.7% of the total office inventory, more than double the historical average of 2.8% dating back to 2005.
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The employee experience has always been vital to a company’s success, but even before the pandemic, employers had difficulty getting it right.
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This is going to be an iterative process and mostly we won’t get it right the first time.
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