Net demand for office space during this recession now totals negative 153.1 MSF, far eclipsing the negative 92.4 MSF recorded during the Global Financial Crisis a little more than a decade ago. A recent article on…
Category: COVID-19
Will Remote Work Drain the Swamp?
Donald Trump’s campaign rallies leading into the 2016 election were energized by his pledge to “Drain the Swamp” in the Nation’s Capital. Little did rally-goers know how politics and circumstance would stand in the way of…
Negative Net Absorption During 2020 Pandemic Exceeds Global Financial Crisis
In a recent blog article on Colliers’ Knowledge Leader site, National Director of Office Research Stephen Newbold reveals the scale of COVID-19 pandemic-driven occupancy decline in 2020. Newbold notes that the negative net absorption that has…