Walker & Dunlop’s New York City Capital Markets Advisors released their latest report which covers the state of the Office/Life Science Industry and its performance amid the pandemic.
As the vaccine continues to become more widely distributed, utilization rates in office space continue to steadily increase. More than 95 percent of employers are anticipating a nearly full-return to office, which is significant considering occupancy was less than 50 percent in June of 2020.
“Once the vaccine is more widely dispersed, I do believe we’ll see people quickly returning to offices. We hope to see a rebound in office as early as this summer,” commented Willy Walker, Walker & Dunlop.
The office industry and the case for investment in this asset class
The progression of modern office space
Life sciences and the impacts Covid-19 has had on the industry
The evolution of the life science industry since the early 2000s
The future of office and the life science industries
Read the full Office/Life Science Report.