CHICAGO-Those 1,000-sf short-term, outsourced office leases add up to more than 45,000 sf in deals in the past month for Regus Business Centres. The largest of about 40 deals was a 22,000-sf deal at the company’s O’Hare Centre, but the rest average less than 1,000 sf.

Among the deals were the law firm Whitwer Poltrock and Gianpietro, which took 2,600 sf at 200 S. Wacker Dr.

Regus rents built-out, turnkey office space that includes workstations and meeting rooms on terms ranging from three months to five years. Regional sales director Jeff Doughman admits market conditions are helping his firm’s concept. “Companies who are adjusting their property strategy to include the business centre concept can eliminate upfront set-up costs by the hundreds of thousands and significantly lower their monthly operating costs by up to 50%,” Doughman says.

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