MIT’s Center for Real Estate Report Envisions Trends for Office and Industrial

In its recent report, Real Trends: The Future of Real Estate in the United States, MIT’s Center for Real Estate (CRE) examines how demographics and technology will shape the future of real estate. The authors, Albert Saiz and Arianna Salazar, predict that workplaces will shift away from assigned desks and private offices into “open layouts that incorporate shared productivity tools — meeting rooms, breakout spaces, phone booths — and shared amenities such as kitchens, a gym and lounges.”

Collaboration, according to the authors, is crucial to innovation and offices in the future will encourage it along with dynamic settings that align with every job type and work style. Although there is some uncertainty about how office density will evolve, the authors predict that it will change according to employers’ needs. Some may use open-plan layouts to increase utilization and reduce costs, but the added amenities needed to attract workers to dense, open-plan working environments may offset any savings.

The report describes how robotization will continue to impact the industrial sector, not only in the manufacturing process but the properties themselves. Robots will perform janitorial services, deliver materials between workstations, provide 24-hour roving security, produce made-to-order goods, and assist in building construction and repair.