When insurance giant Nationwide announced in March that it would shed thou-sands of square feet of office space while not losing employees, it seemed like an extreme downsize. But the pace picked up. Tech giants Facebook and Alphabet-owned Google sent huge portions of its personnel home to work remotely.
In July, financial services firm B. Riley Financial announced it had forfeited its Warner Center office and signed a 10-year-lease for a smaller 18,000-square-foot space in Westlake Village, according to brokerage CBRE Group.
This article was published by San Fernando Valley Business Journal and features commentary from the OfficeCreated team. Read the full article