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New survey shows 29% of C-suite executives considering moving their operations out of state or country

Jan 20, 2021 | Posted by Jeff Weil | Accounting, Bay Area Housing, California Economics, Commercial and Business Insurance, Commercial Real Estate, Commercial Tenant Improvement Contractor, Employment, Newsletter, Office Furniture, Office Furniture Vendors, Office Space, Pandemic, Real Estate Landlords, Residential Real Estate, Residential Real Estate Agents, Tenant Improvements, Tips for Tenants, Trends, U.S. Economics, Working From Home, Workspace, World Economy |

In a survey of 150 C-suite executives conducted by the firm West Monroe, 29% are considering relocating their operations out of state or out of the country due to the high cost of living and high tax burdens. The top relocation is Texas, and the largest region of where these companies will be relocated from is, no surprise, California. Half the executives said they plan to split their employees between remote and onsite, but only 1% said they would go fully remote. California government officials of all levels had better wake up and change their mentality or the golden gooses they have for so long taken for granted will have flown off to greener, and less expensive, pastures!

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Jeffrey Weil, CCIM, MCR.h, SIOR

Executive Vice President
San Francisco Bay Area
1850 Mt. Diablo Blvd., Suite 200
Walnut Creek, Ca 94507
CA Lic. 00786195
Phone: +1 925 279 5590
License #: CA-00786195
Email: jeff.weil@colliers.com

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Contact Information:

  • Jeffrey Weil
  • Colliers International
  • 1850 Mt. Diablo Blvd., Suite 200
  • +1 (925) 279 5590
  • jeff.weil@colliers.com
  • officetimes.com

Contact Information

  • Jeffrey Weil
  • Colliers International
  • 1850 Mount Diablo Blvd., suite 200
  • CA Lic. 00786195
  • +1 (925) 279 5590
  • jeff.weil@colliers.com
  • www.officetimes.com

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