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Green Street has encapsulated two major trends driving the office sector right now to provide a tangible (and grim) number for office demand post-COVID: -15%.

COVID-19 has wrought a slew of changes to the sector, with social distancing stabilizing densification, or less square feet per worker, a trend that's dominated office for the last decade. This development—taken together with a continued increase in work-from-home policies among companies— suggests that aggregate office demand will take a 15% hit in the future, according to Green Street's analysis. 

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