Over the past two years, Colliers Real Estate Management Services has published a series of reports based on national tenant surveys that feature insights into office trends. The Office Evolution: Early Signs of Stabilizing Trends is the fifth installment in this series.
To analyze our portfolio, we surveyed a diverse array of tenants across our 34 million square foot national office portfolio. Our most recent national office tenant survey indicates:
- The way organizations are approaching the return to the office is stabilizing, whether it is a full return to office, hybrid work, or fully remote model.
- On average, the demand for flexible workspaces as an amenity has nearly doubled, from 7% to 13%.
- Hybrid work remains the dominant form of work. Employees at 61% of the companies we surveyed are working under a hybrid model, which is down 5% from our previous report, whereas 37% of companies have employees working in the office full time, up 4% from our previous report.
- There is an ongoing positive shift in sentiment and growth of physical space needs over time. Only 24% of companies surveyed indicate they will look to reduce their physical office space, while 7% of companies surveyed said they need additional office space.