Work From Home Affected Your Commercial Occupancy Rate?

3/6/2022 (Permalink)

There is no denying that the past two years have taken a toll on just about every person and industry.  For most people, the ability to work from home literally saved their income....allowing them to continue to support their families from the dining room table or home office.  Now that the world is slowly opening up again, and people are "going back to work", it appears that the trend of working remotely isn't going away.  How many workers will continue to work from home?  What does this mean for commercial real estate?  If corporations are renewing leases, perhaps they only need a fraction of the square footage of years past.  So, if you are a commercial real estate owner or property manager, what are you doing to ensure your buildings are as fully leased as possible?

Your ability to influence whether a corporation allows teleworking or not is extremely limited.  However, what you can influence is whether your building is choosen for those companies looking to still have a corporate footprint.  Is your building clean, safe, and in good condition?  Does it weather a storm well, does it smell fresh and clean? If not, why not?  Don't loose current or potential tenants because your building leaks when there is a bad storm or smells musty and stale during hot and humid months.  Call SERVPRO of Fair Oaks-Centreville-Chantilly on (703) 830-5800 for an assessment today.  We can help you get back in shape so that you're in the running for those sought after tenants.  

Don't be left with an empty building, call us today for assistance.