2020 Forecast Series
- Part 2: Precaution
This 2020 forecast series dives into our projections for key areas of precaution in the workplace.
In 2019, the commercial real estate markets remained incredibly positive, with strong tenant demand across key industries, led by technology and finance. Office absorption in 2019 will surpass all prior records for this cycle and new construction will exceed 60 million square feet by the end of the year, a cyclical record.
However, as we look ahead to 2020, a key theme that we are noting among both occupiers and investors is one of precaution. There are several components to this emerging tone, and we’ve highlighted a few in this report.