The current COVID-19 pandemic has greatly affected the commercial real estate market. Bill Himmelstein, founder and CEO of TAG, discusses some of the current market statistics and puts them into context.
TAG CEO Bill Himmelstein discusses the state of the CRE market and dispels some current myths, particularly around office space.
As vacancy rates continue to rise and rental rates fall, it presents an opportune moment for tenants to take advantage of the current market.
Loop Sublease Space – 227 W Monroe St, Suite 650 7,963 square feet Available Immediately Asking Rate: Negotiable LXP – 02/28/22 Click HERE for virtual tour!
Tenant Advisory Group’s Bill Himmelstein recently participated in a webinar on the topic of DEI with Doug Harris of The Kaleidoscope Group. They discussed how to continue making today’s moment into tomorrow’s meaning for transformational change in their organizations.
Tenant Advisory Group’s Bill Himmelstein recently participated in a webinar on opportunity selling with John Ruh and Ray Silverstein, hosted by Jeff Elwel. This experienced group of business owners, CEOs and founders shared ideas and strategies to position their companies to be stronger.
Are you wondering when is good time to get into the market and find space? TAG CEO Bill Himmelstein advises to be patient and wait it out.
Are you wondering if you can get out of your current lease or perhaps pay a lower amount? According to TAG CEO Bill Himmelstein, landlords have been showing a willingness to accommodate tenant needs right now if you can be open, honest and communicate effectively.
New To Market – Loop Sublease Space – 35 W Wacker, Suite 800 11,054 square feet Available April 2021 LXP – 02/28/27 Mostly open floor plan Fully furnished Beautiful river views CLICK HERE FOR VIRTUAL TOUR
Building culture is hard with a remote-based workforce. To have a top business, you need to have a top culture – this is why TAG CEO Bill Himmelstein suggests a phased-in approach for recommitting to your office space.
How much is the market going to go down and how much rental reductions are we going to see? TAG CEO Bill Himmelstein advises keeping an eye on climbing vacancy rates and dropping rental rates, which may result in great opportunities for tenants in this coming market.
When is the right time to sign that next lease and start looking for office space? If you’re ok signing up for a sublease you might have a lot of opportunities coming up. TAG CEO Bill Himmelstein offers his insight here.
A common question these days is “Will landlords give some relief in the form of free rent?” In general, landlords are willing to give some relief in the near term, but there may be some stipulations. TAG CEO Bill Himmelstein offers his insights.
As many companies begin to phase in reopening and prepare to send their employees back to the office, there are some definite changes you can expect to see in terms of layout and design. Here are some of our top things to think about as you prepare to re-enter the workforce. Density Crowded open floor...
For Sale – Office Building / Medical Facility – 1 S Virginia St/Route 14, Crystal Lake, IL Property Highlights Building Size: 4,500 sq. ft. Lot Size: +/- 26,000 sq. ft. Parking Spaces: 14 on site/4 on adjacent property Zoned: Office Parcel No.: 19-06226028 Taxes (2018): $17,256 Asking Price: $800,000 Built: 2004 Move-in ready – fully equipped...
The coronavirus pandemic is affecting every aspect of our daily life. For many, renegotiating your lease may be something that needs to happen sooner rather than later. Now more than ever a skilled broker can help you negotiate the most favorable terms. Check out our top ten negotiation tips here.
Coworking & Office Space Available – Prime Loop Location – 9 W Washington 16,000 square feet Available for direct lease at $26.25/sf MG Coworking space for 3-40+ people Several options & configurations possible
Coworking & Office Space Available – Prime River North Location – 444 N Wabash 10,000 square feet 5,000 sf direct lease available $25.50/sf MG 2-60 person coworking spaces available Several options & configurations possible
Prime Retail Space Available – 25-27 E Illinois 5,000 Square Feet Area Tenants: HUB 51, RPM Steakhouse, Shaw’s Crabhouse, Hotel Palomar, Star of Siam, Ruth’s Chris Steakhouse, Public House, LYFE Kitchen
To our friends and colleagues in the Chicagoland community, Together we are facing a truly unprecedented situation. The coronavirus pandemic is affecting every aspect of our daily life and we recognize the tremendous uncertainty regarding the ultimate impact that this crisis will have on our public health and economy. First and foremost, the health and...