• Marketplace
  • Resources
  • Business Directory
  • Events
  • Advertise
  • Brand Pulse
  • Publish a Press Release
  • Get the Newsletter
  • Contact
  • About Us
The FUTURE OF WORK® since 2003
Allwork.Space
No Result
View All Result
Subscribe
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
No Result
View All Result
Subscribe
Allwork.Space
No Result
View All Result
Advertisements
Maximize Flexible Space Revenue
Home News

Office Interest Grows, But Activity Remains Slow

Aayat AlibyAayat Ali
May 3, 2021
in News
Reading Time: 2 mins read
A A
Office Interest Grows, But Activity Remains Slow

More stories for you

Could Facebook Rebrand Hurt Their Retention

Could Facebook’s Rebrand Hurt Their Retention?

4 years ago
WeWork And Cushman Mark The Beginning Of Strategic Partnership

WeWork And Cushman & Wakefield Mark The Beginning Of Strategic Partnership

4 years ago
Real Estate Platform Launches Mix-Use Residential Product

Real Estate Platform Launches Mix-Use Residential Product

4 years ago
Cutting Pay For Remote Workers Could Come Back To Bite Employers

Cutting Pay For Remote Workers Could Come Back To Bite Employers

4 years ago

According to a monthly report from software provider VTS, demand for office space across major U.S.markets grew by 28% from February to March.

VTS’ Office Demand Index, which is largely based on the amount of office tours by potential tenants, saw a 160% spike during the first quarter as returning to the office seems more and more likely in the coming months.

Advertisements
Nexudus - Tech Stack Lovers

However, despite interest in office space climbing, this has yet to translate to actual leasing activity.

“[Q1 was] just a continuation of what we had experienced the past few quarters,” said Steig Seaward, National Director of Research at Colliers. “Tenants are slow to return to the office. Nothing has really changed.”

Advertisements
Nexudus - Tech Stack Lovers

This is also true of in-person work. Analysis from Kastle Systems found that office usage across the 10 largest U.S. markets averaged at 26% at the end of April, which is only a few points above the rate in mid-January.

Read Mortimer, Regional Director at Rubenstein Partners Sun Belt, noted that along with the increase in tours of their offices, leasing is just now becoming active as companies who were seeking office space prior to the pandemic resume their search.

“Across our portfolio, whether it’s corporate tenants, law firms or investment banks, Labor Day seems like the outside date for returning,” said Mortimer. “A lot has coalesced around the push for returning.”

Advertisements
Subscribe to the Future of Work Newsletter
Tags: daily_digest
Share5Tweet3Share1
Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

Other Stories Recommended For You

Could Facebook Rebrand Hurt Their Retention
News

Could Facebook’s Rebrand Hurt Their Retention?

byAayat Ali
4 years ago

Facebook’s announcement that it would be changing its corporate name to Meta may have an adverse impact on its retention...

Read more
WeWork And Cushman Mark The Beginning Of Strategic Partnership

WeWork And Cushman & Wakefield Mark The Beginning Of Strategic Partnership

4 years ago
Real Estate Platform Launches Mix-Use Residential Product

Real Estate Platform Launches Mix-Use Residential Product

4 years ago
Cutting Pay For Remote Workers Could Come Back To Bite Employers

Cutting Pay For Remote Workers Could Come Back To Bite Employers

4 years ago
Advertisements
Maximize Flexible Space Revenue
Advertisements
Disaster Avoidance Experts

Unlock your competitive edge in tomorrow's workplace.

Join a community of forward-thinking professionals who get exclusive access to the latest news, trends, and innovations that are shaping the future of work.

©2024 Allwork.Space News Corporation. All Rights Reserved.

Exploring the Future Of Work® since 2003.

Advertise   Newsletters   Privacy Policy   Terms Of Use   About Us   Contact   Submit a Press Release   Brand Pulse   Podcast   Events   

No Result
View All Result
  • Home
  • Latest News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Podcast
  • Events
  • About Us
  • Solutions
    • Advertise | Media Kit
    • Publish a Press Release
    • Brand Pulse
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00