Heard that smaller offices will be closed and everything will concentrate in Southlake, Richmond and Singapore. GCCs remain. Just a rumor or fact?
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South lake A and B sold and A leased for 12 years and B for 12 months. WFA here to stay
Pacific Rim... (sans China, our enemy, they would nuke us if they could), offers more BANG! for the buck.
Truer words have never been spoken on this site. Commercial office space is a huge s—. Liability insurance alone can be a business k–ler. Better for the bottom line. Better for the environment. Remote is the future.
Now that SM has learned that people actually work diligently while remote, expect continued commercial work space shrinkage
"GCCs remain" (should be GDCs remain?)
And you mentioned GDCs?
Concentration in Singapore?
What about MVD, KRK and IND?
correct, some offices already closed permenantly