The commercial real estate market continues to adjust to shifting office space needs since the pandemic. Even as employers implement return-to-office (RTO) policies, in-office work hours are 30% lower than pre-pandemic norms and projected to remain there. As a result, tenants have different priorities and expectations when making decisions about their office space…
Lease negotiation is a critical step in the real estate transaction management process. Following needs assessments, market analysis, site tours, the tenant rep will conduct a proposal process, issuing RFPs to landlords for a shortlist of candidate buildings. CBIZ Gibraltar initiates a controlled negotiation process ensuring that maximum leverage is created…
Our team at CBIZ Gibraltar is always monitoring conditions across office markets – and there are several key insights that can benefit tenants leveraging the current landscape for economic advantage. In the suburban Chicago market….