CHICAGO—Many tenants now consider office makeovers as excellent opportunities to transform their image and bolster the ability the attract and retain new talent. But making those essential changes has recently gotten much more challenging.
“The cost of materials continues to rise, and the cost of labor continues to rise exponentially,” Todd Burns, president, JLL project and development services, tells GlobeSt.com. And as most office tenants don't know much about the construction industry, they are at a disadvantage when decision time arrives.
Chicago-based JLL decided firms contemplating change need more precise information. It recently released its 2018 U.S. and Canada Office Fit Out Guide, a report that compares build out costs across three different office styles in 59 markets. One goal is to give tenants a sense of how seemingly small choices can affect a fit-out budget in a big way.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
