re: Predictions for commercial real estate

I think it depends on what segment of commercial real estate you are referring to (which appears to be office). I think you will see different approaches based upon different corporate strategies. Some will see it as beneficial due cost savings of employees working from home. Others may view it as a negative due to losing workplace community/collaboration. Really a mixed bag.

Retail was already declining pre Covid. I would say Covid just accelerated this trend. I'd say the same is true for warehousing/distribution except in a positive direction.