Insights
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.
Welcome to the Topic “Commercial Retail Properties and the Effects of E-commerce“ Since its start in 1991, e-commerce has grown exponentially. Currently, online sales account for nearly 14% of total retail sales in the United States, which Deloitte estimates will more than double by 2030. Perhaps even more significant is that e-commerce sales now account...
When you’re pursuing your dream of buying a commercial building or leasing office space, it’s easy to get caught up in the one thing you really want to avoid: drama. From loosely inspected properties to ambiguous leases, the journey can be anything but simple. As you move into your next real estate venture, keep these...
The Chicago real estate development industry has been buzzing this summer with dozens of innovative new projects aiming to break ground in the next year in the booming South Loop neighborhood. Tenant Advisory Group predicted at the end of 2014 that the South Loop will continue to be a red-hot neighborhood, and it looks like...
Welcome to the topic “Designing Commercial Offices For Hybrid Workers“ Commercial hybrid offices are definitely the need of the time. As the world adapts to the new normal of hybrid working, where employees split their time between working remotely and commuting to the office a few times a week, commercial real estate offices are undergoing...
The lease negotiation has the potential to provide several, lucrative concessions and rights for the tenant, as long as they are requested and properly defined. What most tenants don’t realize is that most landlord’s are sitting on a pile of money that is available to be allocated towards the incoming tenant in the form of...
All businessmen and women know that a baseline of trust between parties is critical to the success of any negotiation. But within the course of business dealings, how do you build that trust? What active steps can you take to raise the chances of a positive outcome for both sides? Instead of simply hoping that...
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!
I’ve had countless people ask me that question, and I’m glad they did. What I’ve noticed most during these conversations is the assumption that a bad economy equals a bad real estate market.
Every month, Tenant Advisory Group hosts 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 February’s Executives Luncheon, attendees were prompted with the question, “What new technology is disrupting your industry and how do you plan to adjust or...
Selecting the perfect location for your office is no easy task. It is vital to consider factors that will satisfy clients as well as employees. Keep in mind these important elements when searching for your new office location.
Searching for and leasing a commercial space for your business is a process, to say the least. To make the most out of your process with the least amount of agony, there are a few tips for finding a great commercial space and simplifying the process.
Every month, Tenant Advisory Group hosts an Executives Bruncheon to provide an opportunity for Chicago business leaders to build new, meaningful connections and discuss topics relevant to running a business. During May’s Executives Bruncheon, attendees were prompted with two questions: “What is the best thing that’s happened to you in the last few weeks both...
Need to know the latest trends in the CRE market? In this video, Bill Himmelstein shares the latest real estate data in the Chicagoland market, including what many office tenants and buyers are doing and saying regarding getting back to the office and why it’s so important for their corporate culture and employee retention.
Welcome to the topic “How To Find The Right Office For A Fast-Growing Startup“ Office space for startups plays a crucial role in the success and growth of these companies. With the rise of the startup culture, the demand for suitable offices for fast-growing startups that cater to the unique needs of these businesses has...
The commercial real estate industry is much smaller than you would think. Networking events and LinkedIn allow for everyone to know everyone else – or at the very least, have mutual acquaintances. Because of this, it is imperative to promote while protecting your image when dealing with colleagues, clients, or your competition. Failure to do...
We are proud to announce our newest partnership with Dan Porcaro of PSM Partners. This exclusive partnership enables us to offer you premium phone and data brokerages services, as well as cloud services. Through this new affiliation, TAG will be able to provide even more services and solutions to help grow your business. Click here...
In commercial real estate building class is an important factor to consider when determining which sort of office will be most suitable for your company. While one building may seem comparable to another, upon closer analysis, frequently they will be quite different.
Being able to walk away is tremendous leverage. In any negotiation, you must always be willing to walk away. However, before getting into a situation where this is a possibility, you have to ask yourself a few questions: