Cushman & Wakefield and CoreNet Global have released survey results showing key shifts in occupiers’ approach to workplace decisions. According to Dimitris Vlachopoulos, Partner and Head of Total Portfolio & Location Strategy, “occupiers consistently identify cost, talent, and operational excellence as the top drivers of their real estate strategy and decisions.”
Environment Social Corporate Governance (ESG) is a consistent driver for demand with occupiers willing to pay a premium for workplace sustainability. Most CRE teams have defined ESG goals that vary by global region.
Targeted office space has doubled compared pre-pandemic levels at 40-50% versus 20-30%, however office occupancy remains low which is driving further footprint reductions. 89% of occupiers view the office as an important place for creativity while also serving as a planned meeting point; CBDs remain preferred locations for headquarters but 26% recruit from anywhere in the world regardless of location boundaries .
“Oregon Trail Center Sold by Northmarq Brokers”
The sale of the Oregon Trail Center in Gresham, Oregon has been successfully brokered by Northmarq’s Pacific Northwest Commercial Investment
Steve Griffin
September 30, 2024
