The tenant-favorable Chicago Suburban office market conditions present interesting opportunities for occupiers in their current and future leases. In this video, CBIZ Gibraltar’s Executive Vice President Bill Main discusses the current state of the office market in the Chicago Suburbs. As landlords continue to face challenges between lender issues and increased vacancy, they have a lot to … Continued
What are the key phases of the lease process? How can tenants benefit from an exclusive broker? These questions are being asked more frequently today as employers evaluate their future workplace; turning to tenant representation firms to better understand the benefits, process, and key steps…
Renew vs Relocate: The decision comes up every time an organization’s lease expiration date nears. While challenges and opportunities exist in either scenario, working closely with a tenant representation firm helps organizations alleviate potential pitfalls of getting stuck in a bad lease, ensuring an outcome that benefits workplace goals and a firm’s overall bottom line. Having a representative that … Continued
What is the current state of the office market? In Q3 2023, Chicago is showing rising occupancy, tenant tours and move-Ins, also mixed with increasing available space and consistent vacancy. Read more insights that tenants can leverage for economic advantage in the current landscape….