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.
CBIZ Gibraltar Insights And Resources
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…
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…
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 both challenges and opportunities exist, working closely with a tenant representation firm not only helps clients avoid getting stuck in a bad lease but ensures the ideal workspace that benefits the business and its bottom line. Having a representative … 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….
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.
In the month of September, our team celebrated our 25th anniversary with a continued strong commitment and dedication to exclusive tenant representation. This year, we celebrate a quarter-century of successfully advocating tenants’ interests and needs — and we express gratitude for our teams, strong company culture, and privilege to support organizations. Together we uncover the … Continued