Office culture shifts as employees return back to work

Drivers

• Although still challenged by delayed office re-entry, national office market indicators show the beginnings of a recovery this last quarter – office leases increased, occupancy losses slowed and space was removed from the sublease market. 
• Office users are reconsidering the use of space after their employees have gotten accustomed to remote working environments. Collaboration and socialization areas that have a welcoming feel (and large enough for safe distancing practices if needed) are important factors to be considered.

Drawbacks

• While vaccinations are increasing, the recent increase of COVID-19 cases is causing some companies to delay their return-to-office dates out and instead will continue to have remote and/or hybrid options for their employees.