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Fortune
Fortune
Jake Angelo

The new rules of office space now that the ‘genie is out of the bottle on hybrid’

The JPMorgan Chase and Co. global headquarters building, center, at 270 Park Avenue in New York, US, on Saturday, Oct. 4, 2025. (Credit: Michael Nagle/Bloomberg via Getty Images)

Hybrid work has emerged as the preferred mode of work among the majority of Americans. That trend has sent a ripple effect across the commercial real estate industry.

With 52% of U.S. workers now saying they are hybrid workers, according to a recent Gallup poll and real- estate dealmaking having slowed, experts say that the industry is facing a demand shift that landlords can’t afford to ignore. Chase Garbarino is CEO of HqO, a software company that works across more than one billion square feet of office space globally and tracks the effectiveness of office amenities. He told Fortune that the number one rule of real estate remains location, location, location, but there are new rules for offices.

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