
“The big movement toward working from home was started by the pandemic, but at this point, it would be hard to argue the people are still it doing because of health risks,” says Marcus & Millichap’s John Chang. And while most companies would like their folks back in the office, “even the most adamant business leaders have had to back off their hard line positions,” he says.
Richard Scannell, CEO, Armored Things, said in a prepared statement that getting a handle on the best use of physical space is more difficult in the current hybrid environment because a lot of the spatial intelligence available is point-in-time data that doesn’t provide space planners with the analytics and insights they need to make the best decisions about facilities.
The partnership marks Flex by JLL’s first official ground-up project to come to market in the US.
“We certainly have seen a bit slower, people coming back to the office than we expected,” Spencer Levy, Global Client Strategist and Senior Economic Advisor at CBRE, **told CNBC this week**. And that means “people are trying to anticipate not only when people will come back but when will greater leasing activity come back,” he said. ”I would say the good news is we have actually seen a significant pickup in leasing activity versus the somewhat disappointing amount of people physically coming back to the office.”
Virco Mfg. Corporation posted net sales of $82.8 million for the second quarter of fiscal 2023, an increase of $23.8 million or 40.3% from $59.0 million for the same period of the prior fiscal year.
Net income was $9.7 million, or $0.60 per diluted share for the second quarter of fiscal 2023, an increase of $5.9 million or 157% from net income of $3.8 million, or $0.24 per diluted share, for the same period of the prior fiscal year.
The company delivered approximately $21 million more in the months of June and July compared to the same period in the prior year. Subsequent to July 31, 2022, the company delivered nearly $17 million more in August 2022 compared to the prior year, continuing its ability to service the traditional summer delivery cycle despite the current year supply chain challenges.
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