218 S. Wabash, suite 280, Chicago, IL 60604


 

Description: Here is an opportunity to sublease a fully-furnished property in Chicago’s Loop. This space is a newly built loft-style office with exposed ceilings. There is a large collaborative kitchen area, 11 workstations, 3 large offices/breakout rooms, 2 small offices/phone rooms, and a lounge area.

The sublease is move-in-ready and available immediately. The least is set to expire on April 30th, 2025.

Size:2,438 SF

Cost: $23.50/sf MG

Location: 218 S Wabash, suite 280, Chicago, IL 60604

Mid-Summer Networking With Tenant Advisory Group


Chicago entrepreneurs gathered at Tenant Advisory Group’s July Executives Breakfast and Luncheon to connect with other professionals and share their insight.

During the event, attendees were asked about “the biggest mistake they have made as a business owner.” Here are a few of the many responses:

Rick Gray, CEO, TalentRise: I did not do enough homework on the people driving the revenue of the business. I went too hard too fast and needed to step back and rebuild trust. I wanted to change the mentality of “my score matters” to “our score matters.”

Morrie Elstein, Vice President, Cendrowski Corporate Advisors: I didn’t hire the right partners, and I needed to make leadership changes, as the wrong people were selected. I also would have done more thorough background checks.

At the Executives Luncheon, guests were asked what they see as “the biggest threat to their industry and how they plan to overcome it.” Here are some of the responses:

Josh Strauss: Robotic advisors and passive investing on your own are the biggest threats. If there is any complication, there needs to be a specialized advisor. Passive investing works well in a growing market.

Joanna Sobran: The biggest threat is ourselves. We need to find a way to merge some of the various business lines to focus momentum and so they become really good at everything they do.

Thank you to all who attended!

If you’re a business owner with 20+ employees who is interested in attending future TAG events, please email Bill Himmelstein at Bill@TagCommercialBroker.com.

TAG Executives Breakfast Guest List

Mason Awtry, CEO, Rightsize Facility

Craig Castelli, Founder & CEO, Caber Hill Advisors

Mike Cavanaugh, Managing Partner, FinTech Ranger

Paul Detlefs, President, The Prestwick Group

Kenny Estes, Co Founder, West Loop Ventures

Grant Gochnauer, Co-Founder & CTO, Vodori

Matt Green, Co-Founder, VentureScale

Tom Gregg, President, Vehicle Acquisition Network

Richard Grossi, CFO, Kensium

Josh Haid, Managing Partner, Women’s Divorce & Family Law Group

Rhonda Jensen, President, Jensen Court Reporting

Mike Kupfer, President & CEO, Black Diamond Solutions

Guy Logan, CEO, Logan Consulting

Stan Logan, Chairman, Quality Back Office

Jim Macdonald, Managing Director, First Analysis

Andy Mack, CEO, SnapMobile

Joel Manning, Managing Partner, Manning Silverman

Joseph McCoy, Partner, Riley Safer Holmes & Cancila

Scott Nicholson, CEO, KO Business Solutions

Grigory Pekarsky, Managing Broker & Partner, Vesta Preferred Realty

Ben Renda, CEO, Global Capital

Ron Repking, Founding Partner, Sriracha Partners

Mitchell Roth, Managing Partner, Much Shelist, P.C

Karen Sanders, President, Sanders IT Consulting

Allan C Sutherland, Founder, President and CEO, In-telligent LLC

Rosemary Swierk, President, Direct Steel & Construction

Jon P. Talty, AIA, Chairman & CEO, OKW Architects

John Udelhofen, CFO, One North Interactive

Jason Van Zant, Managing Director, Keystone Capital

TAG Executives Luncheon Guest List

Jeff Asperger, Partner, Meltzer Purtill & Stelle LLC

Rory Dunne, Founder and Co-Managing Partner, Karbal Cohen Economou Silk & Dunne, LLC

Morrie Elstien, Cendrowski Corporate Advisors

Jessica Freiburg, Managing Partner, Sassetti LLC

James Gustin, Founding Partner, Fig Media

Judy Hogel, Executive Director, Chicago Family Business Council

Jonathan Rothstein, Senior Vice President, MB Financial Bank

David Stolarek, Senior Partner and Co-Founder at Porcaro Stolarek Mete Partners, LLC

Josh Strauss, Co-CEO, Pekin Singer Strauss Asset Management

How to Find a Coworking Space


Coworking spaces can be the perfect solution for a variety of working scenarios — from a solo entrepreneur just starting out to an executive from a large corporation seeking a change in scenery. Much like the businesses they serve, no two coworking spaces are the same. In fact, there are many aspects to consider when selecting a coworking space, including amenities, cost, location and clientele.  

Assess Productivity Pitfalls

When searching for a coworking space, look for one with an atmosphere that is conducive to your individual company’s productivity. Since there will be many people working in close proximity to your “office,” your employees could become distracted. Take a look around the space before signing a lease to see what other businesses are doing and whether or not their day-to-day work is too loud for you and your staff.

Check Networking Opportunities

The professional composition of the coworking office is another factor to consider, as networking can be a large benefit. A space full of professionals from different industries can expand a network fast, providing a budding business with new opportunities and ideas. Many coworking offices host happy hours, workshops and other events to build and foster relationships among tenants.

Investigate Growth Potential

The amenities a coworking space offers can really set it apart from the other options. While a brand new startup may be able to get by with a desk and laptop, a growing business needs additional technology, storage and multiple desks. Young companies expand fast, so make sure the selected coworking space can accommodate a little growth until the business is ready to lease its own office. Additionally, the space should be able to meet the needs of the company, such as meeting rooms, private booths, printing and other professional necessities.

Coworking spaces offer leases with much shorter terms than traditional office spaces, but that doesn’t mean you should rush in to sign. Request a day pass so you can ensure it will be a good fit. Pay attention to the amenities, the other tenants and what the space may be lacking to ensure it meets the needs of the business. This is the time to uncover potential problems, such as Wi-Fi reliability or overall space maintenance.

Conducting thorough due diligence prior to signing a coworking lease is critical, as the office will play a large role on the productivity of a business. Create a list of what is essential to the company, and verify the space can meet those needs. Selecting a coworking office may seem like an easy decision, but it should be taken seriously, as it can either improve or harm productivity.

180 N. Wabash Ave. Chicago, IL 60601


 

Description: Here is an opportunity to sublease an open-loft office space (ideal for tech or creative companies) right in Chicago’s Loop. This office is fully-furnished with all new, modern furniture including higher desks and benching. The space features a large conference room, a reception and waiting area, one private phone room, a kitchen and break room, 36 workstations and two offices, one large and one small.

The sublease is move-in-ready and available immediately. The lease is set to expire on January 31, 2023. However, the term is negotiable.

Size: 5,473 SF

Cost: $26/SF Gross

Location: 180 N. Wabash Ave. Chicago, IL 60601

Mid-Summer Networking With Tenant Advisory Group


The June Executives Breakfast and Luncheon offered a constructive environment for local Chicago entrepreneurs to broaden their network. Attendees had the opportunity to share ideas, experiences and business advice with one another.

At the executives breakfast, guests were asked “what they have done, or stopped doing, that has increased their productivity.” Here are a few of the responses:

Mason Awtry, President, Rightsize Facility: I syndicate myself through technology and only read emails a few times a day to stay productive. Someone else also reads my emails to distill it down. I also have technology-free Fridays and have someone run my social media. This helps me be more present in the moment.

Jim Anderson, President, Switchfast: I implemented traction to increase productivity. I also have a Friday afternoon calendar reminder to pick three things to get done next no matter what.

Attendees at the Executives Luncheon were given the topic of “best productivity practices and how to best sift through the noise.” Here are some of their responses:

Jeff Asperger, Partner, Meltzer, Purtill & Stelle: Build constant relationships with clients and people you’re working with, get to know them. Use the telephone and cultivate relationships.
Delegating is also very important. Set a good example and be a leader.

Rob Klein, Managing Partner, Klein Paull Holleb & Jacobs, Ltd.: Be hyper efficient, I have a to-do list every day. Create templates of everything you can and use software to be technologically advanced. It is also best to hire people that are smarter than you.

Thank you to all who attended!

If you’re a business owner with 20+ employees and are interested in attending future TAG events, please email Bill Himmelstein at Bill@TagCommercialBroker.com.

TAG Executives Breakfast Guest List

Jim Anderson, President, Switchfast

Mason Awtry, President, Rightsize Facility

Jon Berbaum, President, Highland Solutions

Bob Berland, President, Berland Communications

Atish Doshi, Founder, The Black Sheep

Kenny Estes, CEO, West Loop Ventures

Gregory J. Fine, FASAE, CAE, CEO, CCIM Institute

Scott Glickson, Managing Director, PURSANT, LLC

John Gotschall, CEO, Coaching Financial Concepts

JC Grubbs, CEO, DevMynd

Jerry Holisky, Managing Partner, Aronberg Goldgehn

John LaRoy, President, CoachVend

Daniel Levin, President, Liventus

Guy Logan, CEO, Logan Consulting

Scott Markman, President, The Monogram Group

Victoria Rock, President, Victoria Legal & Corporate Services

Jim Taylor, CEO, Launchways

Ken Thompson, Managing Director, Level X Consulting

John Udelhofen, CFO, One North Interactive

Jason Van Zant, Managing Director, Keystone Capital

TAG Executives Luncheon Guest List

Jeff Asperger, Partner, Meltzer, Purtill & Stelle

Joe Brocato, Partner Gozdecki, Del Giudice, Americus, Farkas & Brocato LLP

David Diamond, Managing Partner, Kutchins, Robbins & Diamond

Troy Ellis, VP of Finance, Aparium Hotel Group

Morrie Elstein, VP, Cendrowski Corporate Advisors

Mike Garelli, CEO & Founder, Marco & Associates

James & Michele Gustin, CEO & President, Fig Media

Elizabeth Hodos, Founder / CEO, Hodos Consulting

Steve Jakubowski, Shareholder, Robbins, Salomon & Pratt

Robert Klein, Managing Partner, Klein Paull Holleb & Jacobs, Ltd.

Robert M. Lanigan, Executive Director, Morgan Stanley Private Wealth Management

Dan Porcaro, CEO, PSM Partners

Mark Rickmeier, CEO, Table XI

Jonathan Rothstein, SVP, MB Financial Bank

Gregg Salkovitch, CEO, Rightchoice Resources

Joanna Sobran, CEO, MXOtech

Roch Tranel, CEO, Tranel Financial Group

Bill Himmelstein Visits WGN Radio


Tenant Advisory Group’s own Bill Himmelstein Bill Himmelstein was invited on WGN Radio’s Startup Showcase to talk about TAG and the commercial real estate industry.

You can listen to the full interviewhere.

10 Years with the Tenant Advisory Group


Ten years ago, Tenant Advisory Group was founded to bring value to clients and partners, regardless of the need for a real estate transaction. In addition to being a highly experienced commercial brokerage firm, TAG’s mission was to be high-level connector and supporter to those who crossed our path. The company accomplishes its client support and best-in-class service by consistently demonstrating three core values: being responsive, following through and placing the client’s best interests first.

For the last 10 years, TAG has strived to provide partners with year-round support by referring business and creating strategic connections with value-adding professionals. Whether the client is large or small, TAG consistently outperforms its competition by delivering the best deal terms to its clients through these core values. When the team saves a client 25 percent on real estate costs, that is 25 percent the client can reinvest in their own business. TAG has not only been able to survive these last 10 years, but has thrived and grown.

The Tenant Advisory Group team is extremely thankful for our clients, partners and team and we look forward to the next 10 years of working for our clients’ best interests.

Bring Cheer to Hospitalized Children with Holiday Heroes


As you make your holiday party plans this year, consider how you or your company can help Holiday Heroes bring joy to children in long-term hospital care through sponsored holiday parties. This nonprofit partners with hospitals, businesses, celebrities and others to give children who are hospitalized due to a critical or chronic illness, a well-needed and deserved dose of fun.

Being hospitalized for a terminal, chronic or critical illness is stressful all on its own. Then add not being able to be home or with friends and family for a holiday and that makes it worse. We create events that are always welcomed, appreciated, needed and deserved. Every dollar raised by Holiday Heroes is converted into a smile at these parties. Your support makes an immediate impact at every event that we host.

Additionally, make sure to shop online through the Holiday Heroes “Shopping.Gives” campaign to help the organization earn up to 40 percent. Click here to learn more.

For more information about how you can help, please contact Holiday Heroes.

Bill Himmelstein Named to Crain’s Chicago Business CRE Ranking


Crain’s Chicago Business released its inaugural edition of The Most Influential Commercial Real Estate Brokers in Chicago, and our own Bill Himmelstein has been included in this list!

The new list represents an impressive cross-section of the Chicago-area commercial real estate sales community, many of whom have practiced with distinction for decades. Click here to read about how Bill grew Tenant Advisory Group to one of the best in the city.

Chicago’s Next Top Neighborhood


The South Loop, River West and West Loop each have taken their turn as being Chicago’s “it” neighborhood. Now it’s time to turn our eyes towards the Clybourn Corridor, the thin strip of land on the western edge of Lincoln Park between Clybourn Ave. and the Chicago River. This area already serves as a main shopping destination for Northsiders, and the recent addition of Newcity is part of a continuing trend in this area. There are many developments currently in progress with many more slated to come online for the near- and long-term future.

High Demand

The Clybourn Corridor is currently exploding with new developments planned and in progress. Despite the rising vacancy rates from the influx of new buildings, retail rent has remained steady and even reached higher levels in recent years. This stretch of well-located land is continuing to attract businesses, both large and small, and they are not shying away from the increasing rents. With retail, professional and residential buildings on the dockets, the Clybourn Corridor has the attention of the city.

Room to Grow

In the last five years, over two million square feet of commercial real estate space has come online with over 1,000 new residential units. Even with the high amount of proposals, there is plenty of room for development and redevelopment in the Clybourn Corridor. Most famously, the Finkl & Sons steel plant is one of the headlining redevelopment projects. Sterling Bay has recently unveiled their vision for the redeveloped Finkl & Sons steel plant which includes a mixture of office, retail and residential buildings to be built on over 30 acres of riverfront property.

A Fresh Start

One driving factor behind the surging demand to reshape the Clybourn Corridor is its ability to act as a blank canvas. Large developers are purchasing old properties with dated buildings and redeveloping these sprawling sites into efficient retail, office and residential buildings. Its extreme demand is also fueled by the dense nearby population and affluent neighborhoods near the Clybourn Corridor, which attracts shoppers and businesses. Additionally, Metra plans to update their Clybourn train station to match the rapid updates the area is receiving. The proposals to revamp the community expects to draw a large, new employment base and add thousands of residents, all creating a positive influence on Chicago’s economy.

Chicago’s real estate industry continues to grow as a plethora of new buildings come online each year. The city’s lively entertainment scene, attractive amenities and its role as a booming international business hub make it a highly sought after location for corporations, and the employees who work for them. It will be exciting to watch the plans for the Clybourn Corridor unfold into a redeveloped, bustling stretch of Chicago.

1 2 3 10