Insights
Welcome to the topic “Creating A Complete Commercial Real Estate Team“ In commercial real estate, the importance of creating a complete team cannot be overstated. When it comes to purchasing or leasing commercial property, assembling a well-rounded and experienced commercial real estate team is crucial, particularly during the negotiation phase. A comprehensive commercial real estate...
The Chicago Association of REALTORS has named Lisa Kalous as a 2016 Top Producer! Tenant Advisory Group is proud to work with such a talented and caring realtor. Congratulations, Lisa!
Employees are the lifeblood of any business, and their productivity is directly tied to their happiness. Employees who feel their needs are being met are generally more productive and creative. It’s human nature, and finding a space that supports your team can mean happier and more productive employees.
Almost everyone has been in a situation where they needed to either break or amend a property lease. In commercial real estate, there are four main reasons a company may have to sublet their space. The first two reasons are fairly obvious and usually have to do with company size and business trajectory; a company...
Due to an influx in technology, Chicago is awash with small to midsize businesses trying to make their mark on the city. These companies may have great reputations in their home cities, but doing business in Chicago is its own beast. The key to setting yourself apart as a business owner in Chi-Town is to...
Welcome to the topic “The Power of Tenant Improvement Dollars and Rent Abatement: A Strategic Guide for Businesses and Real Estate Brokers“ In commercial leasing, understanding the power of tenant improvement dollars and rent abatement is like unlocking a hidden treasure chest for businesses. These financial incentives not only shape the physical layout of a...
Relocating your company to a new office space is an exciting time, full of endless possibilities. Such a large undertaking will of course create stress, but proper planning in advance will save you and your business time, money and hassle.
Topic: How to Get Wealthy Slowly Bill Himmelstein was featured on the Straight Up Chicago Investor Podcast! Listen to Bill speak with Mark Ainley and Tom Shallcross about long-term investing and how real estate is not a “get rich quick” but rather a “get wealthy slowly” investment. Bill starts by talking about his start in...
Welcome to the topic “Opportunities for Chicago Business Owners in 2025“ The downtown office market in Chicago is now facing a shift. In the second half of 2024 the office vacancies reached 26.3% – which settled a new record high and marked the 10th consecutive quarter of rising vacancy rates. This new vacancy rate is...
Move over Fulton Market, we have some new players ready to take the spotlight. The Southwest Loop, South Loop and Old Town are hot with activity and ready to make their mark. Check out what makes these three contenders a dream for investors, commuters and brokers alike.
The landlord is an integral part of the commercial real estate leasing experience, which is why this person or entity needs to factor into any final decisions. A lot can be revealed about a landlord by the way they handle the negotiation process, as this is a window into how they treat existing tenants. For...
The Clybourn Corridor has been the focus of many discussions lately, as well as a primary target for major developers like R2 Developments and Sterling Bay. The stretch of land was once an industrial hotbed, but now it is experiencing a renaissance as the area transforms from industrial parks to retail, office and residential buildings....
The Illinois Real Estate Journal Awards hosted over 600 CRE professionals from across Chicagoland for an evening of networking and celebration. One hundred seventy-five finalists were recognized this past year, and 52 awards were given. We are humbled and honored by our nomination and sincerely congratulate all finalists that were awarded. We could not have...
Reviewing each section of a commercial lease is a long process, but it’s essential to identifying ways a tenant can save money. One often overlooked area of these documents is the array of options that can be used to securitize a lease, as well as the Surrender Clause upon lease expiration. Here are a few...
Prior to beginning the search for new space, many of our clients are interested in understanding what exactly is involved in the process. Below is an outline of the key steps involved in finding new space for your business. 1. A tenant representative broker assembles a market survey of options that fit the Client’s criteria...
Is your body language impacting your success? Absolutely. Here are the Body Language Basics.
https://www.youtube.com/watch?v=EqBo3zTs7m4
The best way to navigate the tricky landscape of a lease is to stay current on all the common phrases, clauses and definitions. You may have a general understanding of the terms, but it takes a professional to really navigate the ins and outs. Here are a few of the most common points you may...
Welcome to the topic “Commercial Broker Challenge – Top Things To Look For In A Great CRE Broker“ Commercial real estate dealings can be quite overwhelming. On the one hand, you want to ensure that you get the best possible site for your business. But at the same time, you are worried about the terms...