Employees – office workers, in particular – have firm expectations about returning to the workplace as vaccines become more widely available and companies begin bringing the team back together. At the top of their wish lists: hybrid work schedules, says start-up workforce platform Envoy’s Return to the Workplace report. Safety and flexibility, says the report, […]
Effective workplace design has never been about simply making an office look nice; it’s about supporting and inspiring those who will move within and around it. Now, a historic pandemic is highlighting a new opportunity for flourishing companies whose space needs have changed: To invest in build- or redevelop-to-suit design projects that enable them to […]
The disruption caused by COVID-19 has accelerated the blending of brick-and-mortar retail and logistics real estate. This has resulted in the emergence of a new hybrid store model – one that takes omnichannel strategies to the next level and promises to revolutionize the retail, industrial and logistics industries. In a recent NAIOP webinar, John Morris, head of industrial and […]
Last week in Pittsburgh, President Joe Biden unveiled his long-awaited infrastructure proposal, an approximately $2.3 trillion initiative dubbed the American Jobs Plan. While infrastructure development is traditionally a bipartisan issue, the sheer scope of the plan and the Biden administration’s expansive definition of the term, plus the method adopted to pay for the effort, prompted immediate opposition from the Republican caucus in the Senate. This, and a […]
When the economy takes a tumble, investors immediately start hunting for recession-resistant assets. For the better part of the last 30 years, commercial real estate investors have turned to medical properties, which have been one of the strongest investment performers in our economy, regardless of economic conditions. Even during the global financial crisis of 2007-2008, […]
If nothing else, 2020 taught us that we can all adapt to changing conditions and learn how to navigate through radical shifts in how we function day to day. This is the case not only for individuals and families but also for businesses. Millions of business owners and managers were forced to radically reinvent their […]
Although the long-term impacts of the pandemic on the office environment are yet to be determined, many knowledge workers could eventually go back to the office. When workers return to urban office towers, they may anticipate an exceptional experience that delivers more than their home office could offer: a workplace destination that has community attractions […]
Life sciences firms are under intense pressure right now to research and produce viable COVID-19 vaccines, and their workplaces and labs need to support their vital work. While many current pharmaceutical office trends will continue, new priorities are emerging that include accessible outdoor space, increased security and equalized workplace technology. Despite the economic challenges of […]
March 11 marked the one-year anniversary of the pandemic in the United States. It also marked the starting point of most governors imposing business restrictions on non-essential services within their individual states. The economic slowdown initially raised concerns that state revenue projections would not be reached. There was concern that the economic slowdown would strain […]
Every economic downturn is unique, but the recovery from this pandemic-induced recession in particular hinges on factors beyond typical fiscal policy. While consumer spending is beginning to grow, some percentage of the retail and service jobs that were lost in the first wave of COVID-related closures may not come back. Demographic trends around where people […]
