Demand for commercial asset services has bounced back from the virtual standstill of the early pandemic days.
Category: Industry Blog
While the COVID-19 pandemic drastically altered the commercial real estate landscape, it was perhaps a driving factor in the success of the land sector during the year 2020. In a survey conducted by GlobeSt., nearly 22% of land brokers experienced a significant increase in business during the pandemic, while 33.6% of brokers only saw some growth.
The start of a new year brings hope for a better economy, the roll-out of a vaccine, and getting lives back to a new “normal”. But while we remain optimistic for good things to come, the COVID pandemic has unfortunately created a financial burden for many property owners who may have a more difficult time recovering from the shock of shutdowns and lost business in 2020.
The pandemic has proven challenging for everyone – from offices needing less space as employees work from home, to industrial facilities not having enough space due to increased demand. In either scenario, our talented team of relocation experts have the background and experience to help any client upgrade or down-size their space to best accommodate their needs.