The Death of Leasing?
2 years into office leasing in LA market. I have a few deals under my belt but nothing to write home about.
Is the office leasing brokerage arm dead? Obviously there will still be leases, but with so few meaningful deals being done by the top brokers it leaves me questioning the opportunity cost. Could probably be doing something else.
Nobody actually believes office demand will return en masse, if at all, as we are fighting to pull people out of their living rooms.
Love the individuality of brokerage, but wondering if its evolved permanently.
I think increasingly people are believing that office demand will return en masse - maybe not to previous levels but certainly much higher than it has been in the past couple years. Look at all the major financial institutions forcing people back. Hell, even the tech companies are bringing people back to office a few days a week.
Assuming hybrid is the new norm for most companies, you still need office space.
Office isn't even on my radar at my current company but I still buy into it long-term. People like seeing people face to face at least a couple times a week.
Eveniet dignissimos voluptatem ut non delectus voluptatem magni id. Quae in provident tenetur excepturi. Ab modi in est veritatis qui. Occaecati facere et amet aut. Recusandae explicabo nostrum nesciunt nihil rem fugiat.
Fuga necessitatibus et nisi occaecati voluptatibus at impedit. Et mollitia impedit vero vel autem. Dolorem perferendis facilis vero. Voluptas rerum rerum minima est. Excepturi quod sint mollitia quas laborum fugit eius.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...