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14 ADVANTAGE COMMERCIAL REAL ESTATE
2021 MID-YEAR MARKET TREND REPORT

OFFICE NOTABLE

TRANSACTIONS

99 Monroe Avenue NW, Grand Rapids 695 Kenmoor Avenue SE, Grand Rapids
Leased | 2,882 SF | $17.00/SF, NNN Leased | 6,953 SF | $19.00/SF, Mod. Gross

REMOTE WORKING RETURN TO OFFICE COMFORT LEVEL
Source: Morning Consult Source: Morning Consult

100% 100%
I enjoy working remotely
80%

80% Comfortable
60%

40%
60%
I would be more likely to apply for a job that offers a remote work option 20% Uncomfortable

I am more productive working remotely
40% 0%
NOV ‘20 DEC ‘20 JAN ‘21 FEB ‘21 MAR ‘21 APR ‘21 MAY ‘21 JUN ‘21 JUL ‘21 NOV ‘20 DEC ‘20 JAN ‘21 FEB ‘21 MAR ‘21