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Institutional Real Estate Americas

June 1, 2015: Vol. 27, Number 6

The hybrid office: A major shift is under way in the U.S. office market

Author: Melissa Reagen and Brandi Lundberg

Hybrid office space incorporates elements of both traditional space and the “creative” office space. Office occupiers from all types of industries are driving this secular shift by demanding the “right” mix of collaborative versus private space, natural light, and amenities such as juice and coffee bars in their offices. Traditional office buildings that cannot accommodate these needs are becoming increasingly less desirable and outdated, challenging their long-term performance within a real estate portfolio. 

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