Evaluating Your Short & Long Term Needs We all know, office space has the power to improve the quality of life, business, support talent development, foster culture, and increase productivity and collaboration. However, the COVID-19 pandemic presented incredible challenges for all businesses. From heavy restrictions and shelter-in-place orders early on to ongoing efforts to minimize … Continued
IPMA engaged CBIZ Gibraltar Real Estate Services to help evaluate their current office space and assist them in determining whether they should remain downtown or if they were better suited in a suburban location.
Offices space has the power to improve lives and business, support talent development, foster culture, and increase productivity and collaboration. However, the proliferation of remote working that resulted from the pandemic has raised many questions around an evolving debate of Remote vs Physical Working. While there are clear benefits of a hybrid model, the office … Continued
As a tenant, why would you hire a real estate firm that also represents property owners and managers to lease out their space? Wouldn’t their bottom-lines benefit from placing tenant clients in these spaces? Who’s the bigger client: you? Or property owner with hundreds of thousands of sq ft spread across buildings? There’s a reason … Continued
Cleveland based law firm, Hanh Loeser & Parks, LLP engaged CBIZ Gibraltar in 2019 to assist the firm in expanding its presence in the Chicago market within the Central Business District. Hanh Loeser & Parks previously occupied roughly 10,000 SF of space in Chicago and was looking for an office that would reflect the firm’s … Continued
Chicago has seen an uptick in available sublease office space, as a result of the global pandemic. Tune into the quick video below to hear CBIZ Gibraltar’s Senior Vice President Benjamin Cooper discuss the current sublease market and its overall impact on office space.
With the proliferation of institutional landlords in nearly every major U.S. market and across every asset class (not to mention an improving economy), commercial tenants encounter brokers anxious to make a deal and landlords under pressure from investors to stabilize rents. Even when the parties agree upon a “fair market rent”, today’s institutional landlord comes … Continued
While the pandemic has had an impact on various sectors of commercial real estate, a handful of emerging trends will drive activity in 2021. What should you look out for in the year ahead?
With so much focus on office space utilization during the COVID-19 pandemic, it is important to also consider the workforce that will be most affected by the forthcoming changes that result from these challenging times. As Millennials are making way for Generation Z, we have created an easy comparison chart of the two young, but … Continued
While several years remained on the George M. Pullman Education Foundation’s lease term, the non-profit foundation wanted to vacate its premises from an antiquated building with very few amenities to upgrade to a collaborative office environment.