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Episode 1: The Future of Office Space and Real Estate Needs

Now that the remote work practice has been established, many employees may prefer working from home for at least part of their workweek. As remote work becomes part of the new normal operating procedure, you may be wondering: what happens to my office space?

Steve Joseph of CBIZ Gibraltar Real Estate Services weighs in on what his tenant advisory practice is seeing, including:

• The possibility of permanent work remote arrangements
• How management teams can factor office space use into evaluations of physical space needs
• The impact that remote work could have on the office space real estate market and vacancy rates

Guest: Steve Joseph, President CBIZ Gibraltar Real Estate Services Steve has been representing tenants on an exclusive basis since 1987. Over his career, he has completed transactions valued at over one billion dollars. CBIZ Gibraltar Real Estate Services is a full-service tenant advisory practice. Through exclusive tenant representation, Gibraltar's approach to representing tenants involves a strategic and systematic process to finding the right amount of space in the right location and, most importantly, under the most aggressive terms for our clients.

Copyright © 2020, CBIZ, Inc. All rights reserved. Contents of this publication may not be reproduced without the express written consent of CBIZ. This publication is distributed with the understanding that CBIZ is not rendering legal, accounting or other professional advice. The reader is advised to contact a tax professional prior to taking any action based upon this information. CBIZ assumes no liability whatsoever in connection with the use of this information and assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

CBIZ Gibraltar Real Estate Services is a national, conflict-free tenant advisory team providing lease negotiation and workplace solutions for a range of companies. CBIZ Gibraltar Real Estate Services is a fully owned subsidiary of CBIZ, Inc. (NYSE: CBZ).