Managing commercial real estate isn’t just a matter of tracking square footage and due dates — it’s a matter of strategy. Whether your organization has a single office or dozens of locations across the country, the operational, financial, and strategic stakes tied to your real estate decisions have never been higher. Today’s office landscape is … Continued
In today’s evolving commercial landscape — where tenants are rethinking space needs, pushing for flexibility, and upgrading aesthetics to reflect brand identity — leasehold improvements have taken center stage in both real estate strategy and financial reporting. When a company leases a new space, it often needs to make improvements to suit its business needs. … Continued
Industrial real estate continues to represent a very active commercial segment. In Chicago, as the nation’s premier freight hub, Manufacturing and FIRE (Finance, Insurance, and Real Estate) industries largely drive the economic engine. According to the Chicago Metropolitan Agency for Planning, about 25% of all freight trains and 50% of all intermodal trains in the … Continued
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 Chicago office market continues to remain tenant-favorable, with tenants prioritizing well-located buildings having newer amenities and collaborative spaces. The demand for better assets has caused a slight uptick in Trophy and Class A rental rate asking positions, but not effective rates. The demand for higher quality space has forced many landlords of lower quality, … Continued
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, leasing activity saw a slight uptick towards the end of 2024 with tenant demand focused on well located, high-quality and … Continued
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!
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.
The factors driving the office market evolution in nearly every major U.S. market and across every asset class have created tremendous opportunities for healthy tenants. There are several key insights that can benefit tenants leveraging the current landscape for economic advantage….
Talent, performance, and culture live at the crossroads of workplace strategy — and today, the dynamics of where and how work gets done is driving interesting change and opportunity across the office market. In this video, CBIZ Gibraltar’s Noah Turner shares an update on the key factors in our evolving landscape.