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The modern office doesn’t just look different from its predecessors -- it functions differently too.

Employees working in-person again expect more from their offices. Instead of humdrum collections of cubicles and watercoolers, workplaces must now be environments that foster health and rejuvenation.

As 2022 begins, office real estate is looking very different.

Businesses are modernizing their industrial operations. “Last-mile” locations, or warehouses near population centers, are in demand and so are robots that improve throughput.

Architects are challenging notions of what an office is—blending domestic, geological and topographical elements with professional mainstays.

Biotech companies are making their home in multiple locations across the Chicago area, giving new meaning to the word “hub.”

Manufacturing is experiencing a paradigm shift. As American consumers find it harder to obtain foreign-made products because of global supply-chain issues, businesses are reconsidering the benefits of having factories outside of North America.

With industrial demand remaining high during the pandemic, businesses need more space for manufacturing and distribution.

Businesses are re-imagining offices—making them hipper, safer, and more convenient than they were before the pandemic.

Phoenix and Chicago were #7 and #16 on Wealth Management’s “Top 20 Markets for Office Rent Growth.” With flagship office developments in both markets, Alter has seen a spike in activity over the last year. In Phoenix, office rent growth from second quarter of 2019 to second quarter of 2021 was 8.3%. This even exceeds […]