LEGO announced in January it was moving its headquarters from Connecticut to Boston. Last year, Meta closed one of its New York offices, and Twitter reportedly stopped paying rent on one of its buildings in San Francisco.
These companies are among a growing number of firms rethinking their real estate holdings. About 87% of corporate real estate leaders say optimizing their company’s property portfolio is their top priority, even more than return-to-office plans, according to a survey by commercial real estate firm CBRE.
