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Showing posts from February, 2021

2021 Trends in U.S. Commercial Real Estate

Written By: Jacquelyn Annete García Vadnais In 2020, commercial real estate in the United States underwent a transformation that will likely last for many years to come. Prior to the Covid-19 pandemic, there was already a trend to reduce the cost of overhead for commercial real estate, particularly for startup companies and retailers. However, once Covid-19 hit, the commercial real estate market was put into a unique position with major brands attempting to break leases, substantial closures to offices and brick and mortar stores, and CEOs considering whether their employees could work entirely remotely going forward. As a result, the commercial real estate market within the United States has faced a unique position that it has not seen previously. In order to learn more about important commercial real estate trends in the United States, review the information below: Important Commercial Real Estate Trends in the United States Impact of Covid-19 Pandemic on Major Cities The Covid-19 pa