Commercial Real Estate News
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The working-from-home craze caused some real estate investors to quake in their boots and shy away from leasing commercial office space.
But we can ease your fears.
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The fallout of the COVID-19 epidemic continues to financially impact people at home and in the workplace. Luckily, Columbus has maintained its resiliency and closed out 2020 without looking too worse for wear.
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Setting boundaries between your work and home lives is essential for your mental health. But since the pandemic has forced many of us to work from home, those lines have become increasingly blurred.
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Tenants must continue the delicate dance of meeting their employees’ need to collaborate in an office setting while accommodating an increased demand to work from home. That means more people will be on the hunt for flexible office spaces as the pandemic plays out.
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Commercial real estate interest rates are expected to stay low for most of 2021, which is good news for investors looking for opportunities to get their foot in the door.
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It looks like 2021 is shaping up to be a mixed bag for commercial real estate. While some sectors have managed to survive and are starting to recover from the sucker punch of 2020, others still have their work cut out for them. Let’s break each sector down, starting with the strongest contenders.