National CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Placer.ai: Office/Home Hybrid Still a Work in Progress
Although the remote work war is far from over, a growing consensus seems to posit that though in-person work carries important benefits, plugging in remotely at least part of the time also has its upsides, Placer.ai says in a new white paper. Nixing the daily commute can put the ever-elusive work/life balance within reach. And there’s evidence to suggest that remote work can enhance productivity – limiting distractions and letting workers lean into their individual biological clocks.
However, “the precise contours of the new hybrid status-quo are still a work in progress,” says Placer.ai in its new report, The Return to Office. “And to keep up, relevant stakeholders – from employers and workers to municipalities and local businesses – need to keep their fingers on the pulse of how this fast-changing reality is evolving on the ground.”
The white paper explores some of the key trends shaping the office recovery. The analysis is based on Placer.ai’s Nationwide Office Index, which examines foot traffic data from more than 1,000 office buildings across the country, and the Placer.ai City Office Indexes that focus on office buildings in major cities, including New York City, San Francisco, Miami, Chicago and other cities.
The white paper discusses these questions:
- What was the trajectory of the post-COVID office recovery in 2023?
- What impact did return-to-office (RTO) mandates have on major cities nationwide, including New York, Dallas, San Francisco, and others?
- How has the demographic and psychographic profile of office-goers changed since the pandemic?
- ◦Lease
