Q&A: Top trends in U.S. office markets
Chuck Schreiber is the co-founder and CEO at KBS, a private equity real estate company and an SEC-registered investment adviser. In a Q&A with IREI, Schreiber discusses trends in the sector, how the pandemic has influenced those trends, and some of the long-term impacts of the pandemic on office assets.
Has the COVID-19 pandemic accelerated any existing trends within the office sector?
Prior to the pandemic, a focus on healthier building features, such as offering abundant natural lighting and minimal off-gassing from construction materials and furnishings, had become popular. In addition, new office amenities that addressed the health and wellness needs of tenant companies and their employees were on the rise. Features like fresh and healthy food options, onsite fitness studios, and in-b