While the pandemic heightened the importance of office scalability and agility forcing businesses to rethink their commercial real estate strategies, it also brought the focus back to the employee. In the post-pandemic world, employees will become consumers of office space forcing HR, IT and CRE to create an engaging space that meets the employee’s needs.
The Instant Group takes an in-depth look at the impact of the pandemic across the US and Canada with the goal of answering the question: is adoption of flexible workspaces the key to enabling commercial real estate to catch up to the needs of modern businesses? One interesting takeaway is that after taking a dip in the early days of the pandemic, demand increased by 21% from the first half of 2020 to the second.