Office is Alive
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Office is Alive
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About this listen
As the industry continues to recover, new development is low, further reflecting a slowdown driven by shifting workforce patterns, such as hybrid or fully remote models. Limited new development is likely to lead to a future emphasis on the viability of retrofitting older office spaces to meet the demands of a more digital and modern workplace. In Northern California, office markets are adjusting to smaller, but more targeted demand, while in Southern California the picture is mixed. Spencer B. Kallick, a partner at Allen Matkins speaks to Pendulum Property Partners' Dan Wagman to analyze current and future office sector trends found in the Winter 2025 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey.
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.