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U.S. Downtown Office Values Down $557 Billion Since 2019

Allwork

From 2019 through 2023, downtown office values in the United States have fallen by $557 billion in central business districts (CBDs) across the U.S. The rise of flexible work environments combined with public safety concerns and local politics are all cited as factors feeding into plummeting CRE values. CBDs in large U.S.

2019 263
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Coworking By The Numbers: 2024 Data And Trends That Offer Insights Into The Future Of Flex

Allwork

The overall growth from leading providers including IWG and Industrious reflects the rise of flexible work environments. The data presented below is a snapshot of a sector that has not only expanded, but is also influencing commercial real estate and future of work trends in a profound way. of the total office stock ( CBRE ).

2024 312
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Magenta Associates reports positive first quarter to 2023

Workplace Insight

Magenta Associates , the communications specialist for the built environment, has reported significant growth in 2022/23 (20 percent) and 2021/22 (32 percent), along with a series of new architecture, design and construction contract wins, and several of its existing clients confirming that they will invest in new service areas of the business.

2023 52
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Office Presence Matters For Promotions: Fully Remote Workers Overlooked

Allwork

According to a report published by the Daily Mail , data reveals employers tend to favor those who are physically present in the office — perceiving them as more committed and better networked than their fully remote counterparts. Fortune recently published a report citing research by the National Bureau of Economic Research.

Promotion 259
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Millennials Laying The Foundation For Hybrid Work To Stay

Allwork

The debate surrounding the ideal post-pandemic work environment has been heating up in 2023, with companies either switching between remote and hybrid work, or completely enforcing traditional office hours setups. According to LinkedIn’s latest Workforce Confidence survey , 18% of U.S.

2023 260
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Amazon’s New Mandate For Full-Time Office Work Is A Step Backward That Will Cost Them Dearly

Allwork

From August 2023 to August 2024, the percentage of employees working remotely at least some of the time increased from 19.5% This trend is supported by findings from the 2023 Global Traffic Scorecard by INRIX Inc. Remote and hybrid models provide the quiet, uninterrupted environments needed for deep, focused work.

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Companies Are Reviving Relocation Benefits To Bring Workers Back To The Office 

Allwork

Indeed.com reports that job postings that list relocation benefits have risen by 75% from February over the previous year. Additionally, ZipRecruiter reports that job ads with relocation money as a perk have doubled to 3.8 Why it matters: The new trend can be found on Job posting websites within the U.S. Relocations to the U.S.

2020 245