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Bay Area Workers Driving Back To The Office

Apr 20, 2021 | Posted by Jeff Weil | Accounting, California Economics, Commercial and Business Insurance, Commercial Real Estate, Newsletter, Office Furniture, Office Space, Pandemic, Real Estate Landlords, The Office Market, Tips for Tenants, Trends, Trends for Office Tenants, U.S. Economics, Workspace, World Economy |

The highways in the Bay Area seemed to be back to grid-lock during commute periods, and part of this can be attributed to workers avoiding public transportation and driving to work. As of April 21, 2021 Bart ridership was down 86% from its baseline. Out in the suburbs the majority of office building parking lots are fairly empty. JPMorgan Chase plans to reduce employee seating by about 40%, with more open seating arrangements and using digital tools to manage conference room and amenity usage. The company is planning for 10% permanent working from home, most working totally in the office and the balance will be hybrid.

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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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