Placer’s new Return To Office dashboard now lets you track post-Covid office recovery. Using a baseline of Jan 2020 compared to the present, we cover over a dozen major cities with the ability to also filter by top tier office buildings. Our Leaderboard indicates that Miami is in the lead, with a 72% recovery rate when looking at all office building types.
Miami, at 72%, is tracking 16% above the Nationwide Return to Office benchmark of 56%
The most popular day of the week for cubicle-dwellers in Miami to go in to work is Wednesday, with Monday, Tuesday, and Thursday roughly equal. Friday is the least recovered day, at 56% compared to pre-pandemic.
When it comes to top-tier office building returnship, Miami remains in the lead, followed by New York and Washington, DC. This cohort of properties is defined as select major office buildings with prominent tenants. We wrote in last week’s Anchor about the urban renaissance being fueled by the younger cohort. For many of them, an attractive and vibrant office setting with perks such as free coffee and snacks, areas to meet for brainstorming as well as private pods for focused work, are part and parcel of the city life they desire. Many Class A offices include amenities such as outdoor spaces, on-site health clinics, dining areas, gyms, childcare, or drycleaning that make a busy person’s life easier.
