The Official Date For The United States Office Market Recovery Is September 6, 2021!!
One of the country’s largest owner of office buildings is Boston Properties, and today they announced that this Labor Day, September 6, 2021 will mark the official day when the office market will turn around. Boston Properties has 195 properties with more than 51 million square feet, and it is ready to take advantage of pent-up demand for larger, newer and nicer office spaces. What is my opinion? I think the work-from-home model in part will be a permanent component of our corporate workspace, there will be a phasing-in of employees which will drift into 2022, we are still a long way from herd immunity, and only 25% of our population is fully vaccinated. However, I always love to hear great news and optimistic projections!
