gurry

That’s partly due to the fact that larger firms favor Class A properties and have the resources to gamble on longer leases, says David Gurry, a senior vice president at Colliers.

In the B and C sectors, by contrast, “you often have buildings full of smaller tenants,” Gurry says.

That regional unevenness partly reflects the larger role that Big Tech firms are playing in the Eastside market, says Colliers’ Gurry.

Employers wanting to be on the Eastside know if “you don’t take space now, there may not be space for you a month from now,” Gurry says.

“Everybody’s trying to figure out, ‘What can I do to get my people back in the office?'” says Gurry.