Insights
The narrative surrounding the Chicago office market has officially shifted. While raw data might suggest a precarious position with record-high vacancy rates, a more nuanced story is unfolding beneath the surface. For the first time in over two years, the Chicago office market has reached a critical turning point, transitioning from a period of cautious...
The gap between a successful deal and a costly mistake often comes down to the fine print. For tenants and business owners, understanding the “language of the lease” is not just for attorneys—it is a critical factor in staying informed and ready to leverage any situation that arises in the CRE Market. According to Bill...
Welcome to the topic “Commercial Real Estate Trends in Chicago” The commercial real estate market is ever-changing, and the properties that yield the best results for owners, tenants and investors are those that adapt to trends as they emerge. Keeping tabs on current conditions and anticipating future needs is key to staying ahead of the...
Welcome to the topic “Chicago Office Space Trends – How to Design Your Office for Returning Employees” Many businesses have developed creative solutions to keep workplace safety a major priority while preserving corporate culture, ensuring high levels of productivity and efficiency, and encouraging a much-needed sense of employee well-being. As you begin to welcome your...
For many Millennials, the word “office” drums up visions of 1970s wood-paneled walls, fluorescent lighting and an endless maze of cubicles. While we’re just starting to understand what lies in the future of the “office,” the truth is, it’s changing quickly. If you’re thinking about leasing a property or a new office space, you may...
Welcome to the topic “Is the CRE Office Market Back? NYC Says “What Pandemic?“ With the massive push to “Return to Work” and the under-market value rents still available, the Commercial Real Estate (CRE) office market is on the rise. All signs point to a major uptick in commercial real estate, encouraging new investment in...
Welcome to the topic “2026 CRE Market Outlook: From Resilience to Optimism in the CRE Market” The U.S. commercial real estate (CRE) market is entering a transformative time. After a year defined by caution and uncertainty, the narrative for 2026 has officially shifted from a period of resilience to one of optimism. This newfound confidence...
Welcome to the topic “Reshaping Chicago’s Commercial Real Estate – Core Spaces Strategic Office Expansion“ Downtown Chicago’s office vacancy rate is at a current high of 25.8% and has created ripple effects in Chicago across various sectors. Whether business owners are looking into the impact it has had on residential property taxes or value depreciation...
Welcome to the topic “Unlocking Value with Sale-Leaseback Transactions“ Business owners across the country are raising capital for their companies by unlocking the power of sale-leasebacks. Sale-leasebacks are a type of financial transaction where a business sells its owned real estate property to an investor or buyer, and then leases back the same property from...
The commercial office market has been in constant flux since 2020. In the past five years, high vacancy rates and the shift to hybrid workforce models has kept the commercial office space market in a continual decline. However, now we are seeing a long overdue shift –one that signals a persistent and evolving comeback for...
Welcome to the topic “The ROI Of Leasing Traditional Office Space” There are many valid reasons for why businesses began to reconsider their need for traditional office space over the last few years. The American workforce has had a major shift in perspective regarding work-life balance; the state of working underwent a complete transformation in...
In this video Bill Himmelstein, delves into the latest developments and shifts in the office market. Also watch – National Industrial Market Overview
Conversations about what future employees want out of office design are no longer just about Millennials. Instead, the focus has changed to the newest members of the workforce: Generation Z. Corporations must begin to think about their future employee’s work styles to help them and their businesses succeed. Here are a few things companies need...
Welcome to the topic “The Amazon Effect: The Corporate Shift to ‘Return-to-Office’” The commercial real estate (CRE) office market is witnessing a significant change, and it started a year ago with a single, deliberate move from one of the nation’s largest employers: Amazon. Amazon’s decision to call employees back for a full workweek has proven...
Welcome to “Why Now Could Be the Best Time To Lease Commercial Office Space” Many companies prefer to lease their commercial offices rather than purchasing space. Leasing offers a greater amount of flexibility and leverage to accommodate any future changes in your business. If you are considering leasing space but don’t know much about commercial...
In this webinar, various professionals discuss what is happening in their current market. Bill Himmlestein, Founder of TAG, discusses commercial real estate facts and figures in Chicagoland, which can be applied to what is happening around the country.
In this webinar, industry leaders discuss their tips and suggestions for working with more challenging individuals. Bill Himmelstein, Founder of TAG, shares how he works with clients, landlords, and other people in the CRE business with more difficult personalities.
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Minority Business Resources Webinar: Chicago MSDC and Chicago MBDA Business Center invited William Himmelstein to present what tenants can do about commercial leases during COVID-19. He discusses how to take advantage of current market conditions: the do’s and don’ts of approaching your landlord, obtaining free rent, restructuring a lease, terminating a lease, and what other...