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….
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…
The factors driving the office market evolution have created tremendous opportunities for companies looking take advantage of today’s notable tenant-favorable conditions.
But, how can decision makers manage risk associated with unknown workplace needs, square footage, costs prior to lease signature?
Learn more about CBIZ Gibraltar’s Workplace Solutions!
What is the current state of the office market? In Q1 2024, the Chicago market continues to see an improvement in the return to the office movement, with tenants prioritizing well-located buildings with newer amenities and collaborative spaces….
In this video, CBIZ Gibraltar Sr. Vice President Noah Turner shares a quick update on the state of the Industrial Sector and points to key indicators driving activity across the market, including strong absorption, development, record low vacancy rates, and record high asking rents.
Imagine you are a major law firm with a large litigation department. Your biggest practice is products liability defense representing drug, cigarette and medical device manufacturers in mass tort claims. You decide that because you have acquired a lot of knowledge about how these manufacturers operate, you can now also represent plaintiffs who have been … Continued
It is National Women’s Business Month — and during October, and every month, our teams are proud to continue supporting, uplifting, and celebrating women in businesses. Our teams dedicate efforts and celebrate accomplishments, and we also make the connection to what we know best — tenant representation.
How long will it take to plan and execute an office renegotiation or relocation? The question is being asked more and more today as businesses are taking a hard look at their workplace needs and evaluating what is best for their organization in the future.
As many five and ten-year leases come up for the first time since the start of the pandemic, employers are seriously rethinking what they need for their future workplace. While most decision-makers agree that a hybrid work model will remain, 90% of companies will return to the office by the end of 2024 — and … Continued
Occupiers don’t need to be experts in Understanding Lease Negotiations, but proper representation and counsel is critical to take advantage of cost and saving opportunities in current and future leases…