What the future holds
for flexible space in a
affected by the pandemic
The demand for flex space will continue to increase due to COVID-19, as the need for a more agile portfolio strategy and employee mobility options expand
The flexible space market has experienced significant changes as a result of the COVID-19 crisis. However, the trends that initially drove explosive growth in the market will continue to drive demand for flexible space long after the pandemic.
While we anticipate that operational models will shift to investor-driven flexible space solutions; the need for pre-built offices, lease flexibility, and workplace mobility options will continue to increase. Tenants will look for smaller satellite offices to help reduce employee commute times and expect landlords to offer the ability to flex as an amenity to accommodate a more agile portfolio strategy.