Companies Set Plans to Refine Office Spaces: CBRE Survey

Originally published on May 10, 2022, by Michael Tucker for Mortgage Bankers Association. 

CBRE, Dallas, said most office-using companies are developing long-term plans to expand or contract their office space now that employees are returning at least part-time after two years of mostly remote work.

“Companies are moving forward on their real estate plans as their employees gradually return to the office this year, but we need to keep in mind that these types of changes take time to unfold,” said Manish Kashyap, CBRE Global President of Advisory & Transaction Services. “Companies will continue to study their new work patterns and experiment with various ways to support productivity and employee satisfaction.”

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