Annually chief corporate real estate officers must make numerous long range planning decisions based upon multiple micro and macro factors. In 2022, perhaps more so than in recent memory, navigating the myriad of macro factors impacting corporate real estate decisions presents a daunting decision-making landscape. While crystal ball gazing is at best perennially speculative, predicting real estate market forces in the current economic, political, and public health environment is tantamount to coin tossing. Nevertheless, there are for this year certain virtually inescapable assumptions which can be made, including:
The bottom line for 2022 as to corporate real estate decisions may very well be that it is unlikely macro conditions will make things easier, less expensive, or quicker and that procrastination will really provide no overall benefit.
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