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Higher Standards – Midwest Flight to Quality
David Hoebbel • 11/23/2022
As the post-pandemic era of office real estate comes into view, a new age of Higher Standards has emerged.
Now, companies are reinventing the purpose-built workplace and striving for an office-culture that can bring employees back to the office and win the war for talent. At the same time, well-capitalized and strategic landlords have taken advantage of this trend by repositioning tired assets with highly competitive building upgrades and amenities.
This report highlights an increasing rent premium for top-tier assets as occupiers look to differentiate themselves amongst the competition when it comes to attracting and retaining talent in the new workplace.
Now, companies are reinventing the purpose-built workplace and striving for an office-culture that can bring employees back to the office and win the war for talent. At the same time, well-capitalized and strategic landlords have taken advantage of this trend by repositioning tired assets with highly competitive building upgrades and amenities.
This report highlights an increasing rent premium for top-tier assets as occupiers look to differentiate themselves amongst the competition when it comes to attracting and retaining talent in the new workplace.
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