The Future of Office Space: Flexibility, Hybrid Work, and Tenant Demand Redefine Real Estate

CBRE’s 2025 Americas Office Occupier Sentiment Survey reveals a clear message: the office market is evolving, not disappearing. Despite record vacancy rates, 67% of companies plan to maintain or expand their space in the next three years — the highest level in five years. 

Employers are finding balance in the hybrid era. 72% now meet attendance goals, up sharply from 61% last year, while 85% communicate clear in-office policies. Yet, many still struggle with uneven attendance and “quiet” offices midweek, prompting companies to rethink design and culture strategies. 

The trend toward unassigned seating and flexible office space continues to accelerate. Three-quarters of firms now use some form of seat-sharing, and both small and large employers are embracing flex space to manage costs and offer employees choice. CBRE notes this shift isn’t just about efficiency—it’s about reimagining how space supports collaboration and connection. 

For multifamily investors, the implications are clear: as companies centralize into vibrant, connected districts, housing demand near transit-accessible, mixed-use environments will only grow. The hybrid era is reshaping not just the office—but how and where people live.