01-11-2024, 09:37 AM
(01-10-2024, 09:28 PM)ac3r Wrote: The fact that suburban office rates are doing much better also highlights how narrow the focus downtown and uptown is and how dumb the people who work for us each day are.
My theory with the difference in suburban vacancy rates is that the percentage of tech companies is far higher in the downtown area--and tech is where work-from-home is the most common. Suburban office space (though I don't know how exactly they divide the two) includes a lot more space that is associated with stores, warehouses or factories, and which is less likely to be vacated by WfH.