Remote and Hybrid Work Hold Keys to the Future for Office Sector
January 4, 2023 | Edward F. Pierzak | Nareit
Office REITs own and manage office real estate and rent space in those properties to a variety of tenants. Properties can range from skyscrapers to office parks to individual buildings and tend to be located in central business districts or suburban areas.
Offices play key roles in the fabric of our communities. They form the basis of local employment centers and help support small businesses. They also typically provide significant funding for public services and infrastructure through property tax revenues.
