Downtown office market set to shift as firms rethink space

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8 thoughts on “Downtown office market set to shift as firms rethink space

  1. Of note, construction has started on the 60-story Salesforce Tower in Chicago where the namesake company will lease 500,000 square feet of space on floors 5-23 and 55-57. It is hard to imagine the company would take on such a large financial commitment if remote working is to be a major component in its future.

  2. i agree with you Brent B. it just doesnt make fincacial sense where im sitting from but i guess thats why saleforce hasnt reached out to me for my opion. lol
    Working from home hasnt worked out as well for people i know.Companies has required more from employess since their working from home.They been adding more and more resposibilities on employees because theyre working from home and that has caused some people to beg to come back to the office.

    1. It works fine for some jobs and works awful for others.

      And even in both categories, there are days where you’re more productive being around others and other days where isolating at home enables you to get more done.

      Every city in the US will have to deal with this.

  3. Well, it didn’t take long for Salesforce to screw Indianapolis. “Indy will be our second headquarters outside the bay area and our Midwest hub.” Blah blah blah.

    1. Hate to say it but WFH has been a longgggg time coming. The old guard has held tight to the axiom that workers MUST be seen to be considered working. Well COVID forced WFH and challenges the old school leaders to flex. Many have been surprised by how effective msot have been working from home. Company I work for was anti-work from home until they had no choice. 12 months later they grudgingly admit it was largely a success, with only a handful of folks who couldn’t make it work, yet still are unwilling to consider a work from home mix. CEO said if you want WFH to continue, go find another job. LOL WFH is here to stay as it allows employers to eliminate lots of fixed overhead costs and pass them onto the employee. As the old guard retires or dies off, its only going to continue to transition as technology allows for effective WFH today.

  4. This is a new phenomenon and reality . Indianapolis, Manhattan and other major cities will turn into ghost towns . These businesses are becoming more and more greedy . Employees working from home are over worked and overwhelmed. Productivity has increased but efficiency has suffered ! Talk about dooms day for small businesses!

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