Our team at CBIZ Gibraltar is always monitoring conditions across office markets – and as trends evolve in our post pandemic environment, there are several key insights that can benefit tenants leveraging the current landscape for economic advantage. In general, indicators in Chicago’s central business district (CBD) and suburban markets point to….
Category: Market Report
CBIZ Gibraltar’s SVP Noah Turner shares a quick update on the state of the Industrial Sector in this video. He points to key indicators driving activity across the market, including strong absorption, healthy development, record low vacancy rates, and record high asking rents.
In this video, CBIZ Gibraltar’s Steve Joseph addresses the current state of the office market in Chicago and discusses vacancies; also pointing to the high volume of subleases with consideration to the challenges landlords are facing, and what trends tenants should be aware of when leveraging insights for economic advantage.
In the last two months, the workforce population reporting to work in-person has experienced double-digit growth — with a 13% increase in office occupancy across a 10-city average and more than 20% in select markets. With a national occupancy average reaching 43%, how can tenants leverage the current landscape for economic advantage?
Fast forward two years from the onset of the pandemic when COVID-19 began to impact every facet of the business world — especially the dynamic of where, how, and when work gets done — to today’s evolving workplace trends and increasing demand for the office among employees and employers. The hybrid model most certainly has … Continued
Industrial real estate represents one of the most active segments. In this video, Gibraltar’s Noah Turner discusses the current state of the sector and points to key indicators driving activity across the market, including strong absorption, new development, record low vacancy rates, and record high asking rents…