Almost a year into a global health crisis that devastated the world and propelled the nation into an economic recession, the effects of the coronavirus pandemic continue to echo through businesses that thrive at the intersection of people, places, and experiences—an intersection that very much includes commercial real estate.
COVID-19 accelerated already rapidly growing trends in the commercial property industry to mitigate the immediate challenges brought on by shelter-in-place mandates and work-from-home restrictions.
Now, we’re starting to witness the advent of enhanced technology to address the longer-term, market-wide questions and risks that companies will face in the coming years.