Insights
Welcome to “CRE Opportunities: Turning Warehouses Into Data Centers” The pandemic hit every industry out there pretty severely and commercial real estate was no exception. In fact, this sector had to bear long-lasting damages as the extended lockdown forced a lot of businesses to shut operations. Many tenants had to close permanently. Although the world...
Chicago’s commercial real estate market favors sellers, presenting high demand and low supply in the downtown area. This means the window to moving into your dream office may be closing faster than you think. If you find that perfect property for your business, be prepared to act fast and close the deal with the property...
Welcome to the topic “The Comeback of the Office Commercial Real Estate Market in 2025“ The commercial office market has not been the same since the pandemic. Headlines spent years predicting the “death of the office” by citing record-high vacancies & a mass national movement to remote “Work-From-Home” work. However, a new narrative is emerging...
Interested in starting your own entrepreneurial journey but unsure what to expect? Then read up on our interview with Bill Himmelstein, founder, and CEO of Tenant Advisory Group, located in Chicago, IL, USA. What’s your business, and who are your customers? We are a commercial real estate brokerage firm focusing on representing the transactional needs of businesses...
Bill Himmelstein speaks frequently about the importance of negotiation and how to become a successful negotiator. His last seminar honed in on the importance of negotiation when securing your lease. Below are his 10 Tips to a Successful Lease Negotiation.
Recently, the Financial Accounting Standards Board (FASB) updated their standards effectively changing the way companies must list their lease on their balance sheet. This will undoubtedly have rippling effects on businesses, and the leasing process as a whole. The update has the potential to alter the landscape of the commercial real estate lease.
Welcome to “How to Re-Negotiate Great Terms for Commercial Real Estate”. One of the best opportunities to lower expenses and improve margins in your business is when you are renegotiating your commercial lease terms. Renegotiating terms can be tricky if you are uninformed and unprepared. However, with a knowledgeable and experienced broker on your side,...
https://www.youtube.com/watch?v=EqBo3zTs7m4
Welcome to the topic “Google’s Thompson Center Renovation: Revitalizing Chicago’s Loop and Its Economy“ The ongoing renovation of the Thompson Center by Google marks a significant turning point for Chicago’s Loop, attracting the attention of new and existing businesses to the area. Among the latest to make the move to the Loop is Lessen, a...
Description: Here is a great full floor tenant opportunity! The space currently features a mix of existing perimeter offices and open areas for workstations. The landlord will contribute a TI package to modify and refresh the space to a qualified tenant. The elevators, corridors and lobby are currently being upgraded. There is Comcast Fiber Internet...
Every company wants the most modern building right next to the most successful businesses in the city. While many companies believe this to be a power move to boost creativity and generate more business, it’s actually costing your business more than just rent. It’s crucial to pay attention to two important factors when preparing to...
Every month, Tenant Advisory Group hosts an Executives Breakfast and an Executives Luncheon to provide an opportunity for Chicago business leaders to build new, meaningful connections and discuss topics relevant to running a business. During the Executives Lunch, attendees were prompted with the question, “Some of our best referral sources can be existing clients. What...
Welcome to the topic “How Do Interest Rates Affect the CRE Market?“ The commercial real estate (CRE) market has undergone a massive transformation due to the drastic surge in interest rates. While the Federal Reserve is projected to cut rates somewhat in the near future, the higher rate environment and geopolitical issues continue to influence...
Tenant Advisory Group kicked off its 10th year in business with a fantastic event at Gentleman’s Cooperative this month. The evening was filled with food, drinks, entertainment and rewarding networking opportunities.
What are the top 5 critical traits of any successful agent?
In this insightful video, Bill Himmelstein, the CEO and Founder of Tenant Advisory Group, provides a comprehensive update on the current status of the Commercial Real Estate (CRE) Office Market. Bill delves into the latest trends, challenges, and opportunities within the sector, offering valuable insights for business owners, investors, and real estate professionals.
Lease office space on the second and/or third floors of a quiet building at 744 N. Wells. Located in River North, this opportunity also comes with access to VentureShot networking events.
Bill Himmelstein, Founder, CEO & Managing Broker of TAG, was featured in the publication – BACK OF HOUSE, an online resource providing insights and services that help restaurants win. In this article, Bill discusses the best strategies for negotiating ands re-negogiating favorable lease terms for commercial restaurant spaces. The best part about using the strategies...
Welcome to the topic “The Future of Work: Embracing Hybrid Schedules“ Hybrid workforce schedules have emerged as a game-changer, finding the balance between in-person collaboration and the flexibility of remote work. Among these, the 3-day workweek is gaining popularity, indicating a potential shift in how businesses structure their work environments. This article explores the rise...
Every month, Tenant Advisory Group hosts an Executives Breakfast and an Executives Luncheon to provide an opportunity for Chicago business leaders to build new, meaningful connections and discuss topics relevant to running a business. During the Executives Luncheon, attendees were prompted with the question, “What are some of your best practices for finding new clients?”...