CuraLinc signed a multi-year office lease for our call center operations in River North, just before the pandemic went into high gear. After keeping it intact for the first 12 months, we finally realized that the space would no longer be needed, as the employees who were supposed to work there all preferred to work from home. I immediately thought to reach out to Bill Himmelstein from Tenant Advisory Group to see if there was anything they could do. Not only were Bill and his colleague Tina able to negotiate a lease buyout for us that initially started at $400,000 and got the Landlord to agree to accept only $270,000 for it, but they also were able to get our entire Security Deposit back, in the middle of a pandemic, when most landlords would be unwilling to do so. TAG was then able to negotiate a 3 year extension for our other office while also downsizing us without an increase in the rental rate, and got the Landlord to agree to demise the space at their own cost. I’m really glad we reached out to Tenant Advisory Group to help us facilitate this process.
Sean Fogarty, President, CuraLinc Healthcare
