In 2020, it briefly seemed like the stunning rise of coworking spaces would come to a crashing halt. Now, however, new coworking spaces and other shared office models are cropping up in every major city. Demand is on the rise again as many professionals itch to get back to the office — just not the office they went to before the start of this pandemic.
To provide value to professionals who have the flexibility to work from wherever they please, offices must have what most homes lack: quiet, privacy and amenities that support focused work. For many, the shoulder-to-shoulder environment of old coworking spaces won’t cut it anymore.
Here’s a look at what the new “productivity as a service” paradigm means for commercial real estate.
Employees May Be Productive At Home, But Their Work Environments Are Taking A Toll
By many accounts, workers became more productive while working from home. The National Bureau of Economic Research estimates an overall 5% productivity lift in the U.S. economy from remote work, especially among knowledge workers who enjoyed less time in meetings at home and more time on the tasks that matter.
So why return to the office at all? Click to read more at www.forbes.com.