Insights
The commercial real estate market, as with all industries, is constantly evolving and shaping itself to stay current with the advancement of new technology available for business owners to gather information. This newfound wealth of public knowledge can be helpful, however attempting to charter these waters alone can prove costly. For a variety of reasons,...
Investing in commercial real estate is a great way to diversify your portfolio as well as make some extra money. Unlike stocks and bonds, commercial real estate is a hard asset that provides income via rent collection and, in most long term cases, an appreciation of value. The best way to begin investing in commercial...
Bill Himmelstein: Givers Gain Philosophy of Networking In this episode, Steve Fretzin and Bill Himmelstein discuss: Key Takeaways: “What givers gain means is finding people that you believe can support you back and give to them.” — Bill Himmelstein
Fireside Chicago features Founder of Tenant Advisory Group (TAG) Bill Himmelstein. Bill shares how TAG leverages their relationships to get in front of the right people and shares his tips for connecting with others. A special thank you to Tim Schumm of Lucas James Talent Partners!
Welcome to the topic “Purchasing Class A, B, or C Commercial Property: A Comprehensive Guide“ When it comes to investing in commercial real estate, one of the first decisions you’ll face is whether to invest in A, B, or C class commercial property. Understanding the differences and nuances between these property classes is essential for...
What’s in your lease and what should you be looking for? While TAG is here to help you fully understand the terms, we believe an educated client is a happy client. Here are a few basics items to look for and be aware of:
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...
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...
Commercial leasing agreements commonly extend up to 10 years – or longer – making negotiations key to long-term savings for your business. One of the greatest opportunities to reduce your monthly cost is rent abatement, or free rent. As you begin the discussion with a lessor, it is important to understand what rent abatement is...
In this episode, Steve Fretzin and Bill Himmelstein discuss: Becoming a partner, not a vendor with your networking partners. Leading through giving. Building your social capital and filling the well. The three keys to finding a great networking partner. Key Takeaways: The greatest question you can ask someone is, “how can I help you?” Ask...
Paying attention to infrastructure means paying attention to the nitty gritty details, but it’s these details that save you time and money in the long run. Below we have your guide to all things infrastructure for your new office space.
Money Matters invited Bill Himmelstein on their podcast to share his experiences in starting his own business, as well as divulging tips to young people on how to advance in the industry.
Every month, Tenant Advisory Group hosts an Executives Event 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: “How does your firm find new opportunities?” Here are a few of the lessons shared...
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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...
Insightful discussions bloomed at the Tenant Advisory Group Executives Breakfast and Luncheon in March. At each of these events, entrepreneurs offered valuable advice prompted by a discussion question led by Bill Himmelstein. At the Executives Breakfast, guests were asked: How do you help your employees be more successful? Here are a few of the many...
So you finally found the space you were dreaming of. Now it is time to work out the details beyond the first year’s rent. Each particular aspect of the lease has its own importance and to ensure the security of the great new spot you are locking down, do not just skim over all the...
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.
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.
Here’s a quick look at how you can boost your real estate dollars in just 3 easy steps.