Would a recession be just the thing the office market, landlords and central business districts need to get things back to – or at least close to -pre-pandemic levels of occupancy?

“If a recession were to occur, that balance between employee and employer could result in employers asking employees to come back into the office, and that would be great for the office market,” said Todd Briddell, CEO of CenterSquare Investment Management, which is based in Plymouth Meeting. “A recession could be a net positive for the office market, which is a little perverse.” Briddell isn’t the only one who thinks this …

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August 31, 2022, Natalie Kosteini, Philadelphia Business Journal