Report describes implications of telework on commercial real estate

Report describes implications of telework on commercial real estate

Sep. 5—WILKES-BARRE — The 2021 Indicators Report, compiled by The Institute for Public Policy and Economic Development at Wilkes University, takes a deep look at the implications of telework on commercial real estate.

Teri Ooms, executive director at The Institute, said COVID-19 has accelerated several major economic changes, including:

—Increasing use of telework across many industry sectors.—Increased emphasis of e-commerce and a growing logistics industry.—Automation and adoption of new technologies across all industry sectors.—Rising residential real estate market activity amid signs of migration out of larger cities.Ooms said the report also examined how trends that have emerged or accelerated during the […]

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