Buffalo was home to Mark Twain for two years, 1869-1871, as a partner and writer at The Buffalo Express. While in London in 1897, rumors circulated reporting his illness then death. Subsequently interviewed by a reporter he stated: “The reports of my death are greatly exaggerated.”
We can confidently state the office real estate market IS NOT DEAD. Challenged yes, but very much alive.
80% of communication is “non-verbal.” Body language. Nuances. Ability to see the reactions of people. Video conferences are not as effective as in-person meetings. ADVANTAGE: OFFICE
Social fabric and culture of an organization, not effective if virtual. Risk of attrition? ADVANTAGE: OFFICE
Productivity and quality suffer with less management. ADVANTAGE: OFFICE
Coming: more flexibility; different furniture deployment; measure temperatures of employees, more private offices?
We are social beings therefore BUSINESS can’t essentially be “virtual.”
Landlords and Tenants are in the same boat, both want to stay afloat.
VISIT: https://www.linkedin.com/posts/davidschillersior_commercialproperties-cre-buffalo-activity-6660667059568955392-4Ip3/
#commercialproperties #cre #buffalo #sior #officerealestate #officetenants #amherst
