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Demand for benchmark data on how firms really use their office space is prompting Scoop Technologies to expand its popular ‘Flex Index’ database into a new business line. The challenge: Scaling quickly.
Multiple factors can make getting back in the office an easier sell outside of the largest urban areas.
U.S. office rents are holding steady—or even climbing—despite soaring vacancy rates, a record amount of available sublease space, and rising defaults.
Rents at the highest-end buildings have fallen, and the rate of leasing is slowing.
New research shows employees are actually less productive when they work from home full-time. But don't be too quick to conclude things are going back to the days of 9 to 5 in the old cubicle.