6 Impacts of Remote Work on Cities

Over the past few years, remote work has become more and more common. Today, millions of people work remotely, and many more have hybrid work arrangements. If you’re interested in making smart commercial real estate investments, working with Ann Anovitz Associates can help you feel confident in your decisions. Here are some developments in the…

Traditional office work is not dead

Traditional office work is not dead, but it has undergone significant changes and will continue to evolve. The COVID-19 pandemic accelerated trends towards remote and flexible work arrangements, leading many to speculate about the future of traditional office spaces. However, the concept of a physical office is unlikely to disappear entirely. READ MORE

Hybrid work

Hybrid work, which allows employees to split their time between working remotely and working in a traditional office, has become increasingly popular in recent years. While there are certainly benefits to this model of work, it is not without its challenges and drawbacks. Here are a few reasons why hybrid work may not be the…

Chicago Showing Both Hot and Cold

Damla Gerhart, principal and managing director, Avison Young, tells GlobeSt.com that even with its challenges, she’s seen significant cause for optimism in Chicago’s office market in the fourth quarter. “While most of the market’s vacancy and availability rates saw continued increases, the flight to quality and location is apparent, with occupants seeking better spaces for…