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Chicago office landlords offer post-COVID tenant perks


The end result: Compared with the original offer, Impact Networking would get 30 percent more free rent and a 25 percent bump in cash to build out its new space, according to Beckner.
We reached a deal where at least all of our actual buildout costs would be covered, he says. Traditionally, that has been rare.
It s not so rare anymore. Companies hunting for downtown workspace wield a lot of power amid a pandemic that has pushed office vacancy in the city to an all-time high.
As COVID-19 vaccinations pick up speed and executives start to make new commitments to real estate Impact Networking, Kimberly-Clark and Calamos Investments are among the latest to ink new deals landlords are shelling out incentives and creative leasing perks to shore up their tenant rosters as the crisis wanes. ....

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People actually want mask mandates, Chicago Booth finds • Chicago to make all adults vaccine eligible April 19 • Walgreens' latest vaccine hiccup


Al Drago/Bloomberg
PEOPLE UNDERESTIMATE AMOUNT OF SUPPORT FOR VACCINES AND MASK MANDATES, BOOTH FINDS: Businesses are underestimating the public s desire for stricter public health measures, according to a new study from the University of Chicago Booth School of Business that suggests that more restrictions may actually boost a company s bottom line. 
In an experiment conducted by behavioral marketing professionals Oleg Urminsky and Abigail Bergman, 77 percent of participants surveyed said they d prefer to go to a hospital that required employee vaccinations over one that only recommended them. However, participants also underestimated how many people had the same preference, estimating that only 64 percent of the public would choose a hospital that requires employees vaccinations.  ....

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