Posts by Eric Riemer:
Air filtration in commercial real estate is suddenly a hot topic. Once COVID came and stayed, more people began to realize that good air filtration could mean the difference between sick and healthy, and in some cases, life and death. Offices, in particular, are a concern for companies looking to reoccupy their buildings and guarantee employees safety in terms of air quality. So if you are a building owner, what should you do?
So perhaps it’s not exactly shocking to learn that working from home during the COVID-19 pandemic has had a positive effect on workers’ productivity, according to 54% of respondents in a recent survey of professionals ages 18-74. The reasons for this, they said, were time saved from commuting (71%), fewer distractions from coworkers (61%) and fewer meetings (39%).
An interesting scenario regarding COVID-19 from the Wall Street Journal: The coronavirus goes on hiatus in late spring, cases begin to drop, States begin to re-open (including Minnesota), and social distancing eases. But many onetime office workers realize they have little interest in going back to the way things were. The age of the office as we know it is probably over, and the bell can’t be unrung. So how are things potentially going to change for Minneapolis office space users?
One of the most obvious real estate impacts of COVID-19 has been the heavy hit retail property has been taking. Retail owners were already being described as facing an apocalypse thanks to eCommerce and that was before the new coronavirus swept across the country and began punishing even retailers who were relatively eCommerce-immune. So how does that effect Minneapolis Warehouse Space?