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Corporate Office Space Expected to Decrease Post Pandemic

A recent Gartner survey of 317 Chief Financial Officers revealed that 75% said they plan to move at least five percent of their workforce to remote positions, following months of being forced to work remotely due to COVID-19. Nearly 25% of respondents said they plan to move 20% of thier on-site employees to permanent remote positions. CFOs understand the cost-benefit remote work can provide while keeping producitivty high. Therefore, expect to see this trend pick up speed. Less employees on-site will likely result in a trend of less office space. That means commerical realtors and landlords will need to give businesses a reason to stay. While their are benefits to maintaining a physical office space, one thing that businesses will no longer compromise on will be the strength of a building’s wireless network connectivity. With more employees working remotely, employers will be relying on video conferencing, email, and other communications tools more than ever. That means that if you are a landlord or commericial real estate agent, you can no longer afford to delay upfitting your office spaces with the latest technology and connectivity tools.