Does bigger mean better? For tenants, it may mean the opposite…Crain’s announced the largest commercial property managers. While ‘big names top the list,’ some of the big risks for tenants continue to go overlooked.The issue is dual representation….
The decision comes up every time an organization’s lease expiration date nears — Renew vs Relocate. While challenges and opportunities exist in either scenario, working closely with a tenant representation firm helps organizations alleviate potential pitfalls of getting stuck in a bad lease, ensuring an outcome that benefits workplace goals and a firm’s overall bottom line. Whether you are … Continued
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….
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….
When you’re looking for new space, having a representative on your side is your best interest. A tenant rep advocates for you to help you receive…
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
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…