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The Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey tells as the pandemic has progressed over the last two years, uncertainty over the future of office space has diminished. Companies have realized the value of having a team in the office in order to establish culture, create loyalty, induce creativity, and mentor young employees. This return to the office will come with new flexibility, allowing employees to work in the office part-time, and will require shifting office space configurations to suit the post-pandemic work environment.
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