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All About Commercial Real Estate

Month: July 2020 (page 1 of 2)

Florida Office Rents Q2 2020

Second quarter rents reflect minimal impacts from COVID-19. Class A direct rents increased to near record highs in several markets based on confidence in demand pre-COVID. However, the speed at which rents are increasing has slowed on a YOY basis, increasing only 0.4% and average statewide rents are now 16% higher than previous cycle highs.

On an inflation adjusted basis, statewide rents were off by 3.4% from the previous market highs.
For most office markets in Florida, the high point for rent this cycle occurred prior to 2020.

 

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RECOVERY READINESS: A HOW-TO GUIDE FOR REOPENING YOUR WORKPLACE

Recovery Readiness: A How-to Guide for Reopening your Workplace

As areas stabilize from the COVID-19 pandemic and stay-at-home restrictions are lifted, organizations will begin to bring workers back into the physical workplace. It’s already begun in some parts of the world. In fact, as of April 2020, we have helped move our own employees, and those of our clients, back into more than 800 million square feet of properties globally.

The “Recovery Readiness: A How-to Guide for Reopening your Workplace,” outlines some of the best thinking and practices that our more than 53,000 professionals have compiled across the globe and also includes insights from key partners. The recommended practices and protocols already have been implemented at locations across the globe with tremendous success.

We are proud to release this comprehensive guide and look forward to connecting with you to learn more about how we can help.

 

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Download Safe Six Checklist

WEBINAR: A HOW-TO GUIDE FOR REOPENING YOUR WORKPLACE

WHAT IS THE FUTURE WORKPLACE?

Through our proprietary Experience per Square FootTM (XSF) tool, Cushman & Wakefield has captured more than 2.5 million data points from workers all over the globe in the pre-COVID-19 era and a further 1.7 million data points from more than 40,000 respondents in the current work from home environment.

Our workplace specialists analyzed this data to give you an inside look into how employees are coping right now – identifying their key successes and critical challenges. With this data, Cushman & Wakefield has developed a report that provides insight into the future workplace.

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