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What’s Next: Office: Truth and Consequences
The truth: Analysts and investors liken struggling office buildings to dying malls…just as ecommerce impacted aging shopping centers and big box retail, hybrid work is impacting offices and business districts globally.
The consequences: Office building values by some estimates have fallen as much as 25% from just a year ago, while some analysts predict there will be more than 300 million square feet of excess office space by the end of the decade.
Join us April 6 as moderator Kevin Kelly, Executive Managing Director at Cushman & Wakefield, shares exclusive new research on office occupiers and trends and engages the panel on measuring the workplace experience, office utilization and space design, obsolescence, and the availability of debt capital.