In early 2020, the global pandemic sent millions of employees to work from home, boosted eCommerce as crowded storefronts became less safe, and caused supply chain issues that continue to this day. Now that there is hope inspired by a vaccine rollout and a possible end in sight, what does the future of commercial real estate look like?
This period of immense change has brought many questions. Will companies need more office space to accommodate social distancing, or less space due to preferences for a permanent work from home economy? Will demand for warehouse space continue to grow to account for uncertain inventory demands, or will businesses return to just-in-time efficiencies? Which areas of retail will regain their footing, and which will never recover?
Panelists include Yaromir Steiner, CEO, Steiner & Associates; Matt Wersel, Managing Partner, Mohr Partners; Carl Deluca, Head of Real Estate, Americas, DHL.