Serving Unique Needs of a Company and its People
The evolution in the remote vs. in-person workforce since the pandemic suggests a reimagining of traditional work environments that challenge preexisting norms and open doors to new operational strategies and employee expectations.
While many employees favor remote work or hybrid approach with flexibility, leaders are embracing the benefits of in-person work and its impact on culture, collaboration, productivity, and training. At the same time, splashy return-to-office mandates have grabbed headlines and shaped a harsh narrative around employee retention risk.
This news from CNBC make it spotlights the complexities around what has become a balancing act for many companies, with many savvy leaders and employees rejecting a false dichotomy between fully remote and completely on-site work and remaining focused on reimagining workspaces to maximize human capital.
As a result, we at CBIZ Gibraltar acknowledge these challenges but believe 2025 will close strong and pave way for a milestone year ahead for office space users. Not only are the economics and costs savings potential spanning today’s tenant favorable markets, but opportunities to drive business forward exist with the right space and appropriate embrace of hybrid policy.
From an office standpoint, companies are shaping workspaces around collaboration and productivity. Equally important, it needs to be a place that employees value and want to come to on a regular basis.
Optimizing the company’s physical office locations is crucial, with the right combination of in-person collaboration and remote flexibility.
As the leading provider of integrated real estate services with a 100% commitment to advocating the interests and needs of tenants, CBIZ Gibraltar understands that no two companies are alike. We support clients with varied needs, challenges, and opportunities and deliver the best possible solution.
For example, some decision makers have considered smaller spaces in more expensive buildings that offer more amenities like fitness centers, tenant lounges, food halls and golf simulators. As a result, this trends supports an increasing flight to quality, especially with longer-term hybrid work models.
Of course, upgrading the quality of office space can take many forms. In the competition for tenants, commercial property owners are upgrading shared amenities in their buildings, such as conference centers, tenant lounges, fitness centers and cafes.
For companies that don’t necessarily want to spend a lot on custom build-outs, in the current market, move-in-ready spaces or “spec suites” have increasing appeal. Spec suites give office occupiers the ability to make a move without significant disruptions in productivity and allows tenants to avoid exposure to the current inflated construction costs and lead times.
The team at Gibraltar works with clients on space needs assessments to determine the type and amount of space they need. Based on these details from the company, plus an evaluation of the current space and expected growth, we’re able to recommend the appropriate options.
Together, we uncover the potential of your work environment, maximize human capital, and map the path to critical business success.