A CRE Readiness Plan as Companies Enforce Return-to-Office Policies
Office vacancy rates have climbed sharply in the wake of the pandemic as many firms downsized office space due to remote work. Nationally, the United States office vacancy rate hovered around the high teens by late 2023 (nearly 17%–20%, up from roughly 9% pre-pandemic). Major city centers have been hit especially hard. These elevated vacancies […]