Insights
On this episode of the Work Inspired podcast, Bill Himmelstein, the Founder & CEO at Tenant Advisory Group, LLC talks to host, George Lucas Pfeiffer, about the new and exciting innovations that the commercial real estate market is seeing and developing. He also speaks on what organizations can do to bring employees into the workplace and to...
Renting commercial property is a major move. The good news is that you can avoid many common worries in the first place, when you do a line-by-line review of the lease. Sure, reading a commercial lease can be difficult and time-consuming, but the consequences of not reading it can be infinitely more unpleasant.
Negotiating the terms of a commercial real estate lease is difficult, as it is fraught with jargon, clauses and paperwork, and even the slightest misstep can have dire consequences for a business’s bottom line. Hiring the right real estate broker and attorney team to handle this delicate process is the best way to guarantee the...
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,...
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It’s common knowledge in this business that most real estate agents will fail to succeed in their first year. After struggling to get by with little business, most would-be agents decide to move on. Aside from things like working harder than anyone else or making it a point to learn daily, there are a few...
As vacancy rates continue to rise and rental rates fall, it presents an opportune moment for tenants to take advantage of the current market.
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...
In a time where the commercial real estate industry is as fast-paced and as dynamic as ever, having helpful insight and advice about what’s important and what’s working (or not) can help anyone learn as they go. This is why we’re launching an all-new series with MeetAdvisors.com – “Commercial Real Estate: What I Know Now...
Recently, I had a very interesting conversation with a business owner who was seeking to renegotiate his office lease. He told me he is working with a business consultant on the renegotiations. I thought; Wow! Hold on, a business consultant?
Welcome to the topic “Enhancing Your workplaces For Business Success“ Business success is only possible when employers value the well-being of their workforce. A strong workforce is the backbone of every successful business, and companies can only thrive when employees are in their best and most productive state. That’s why investing in company workplace improvements...
Networking is key for any sustainable and growing business. There is tremendous value in it and we know it works. Networking, to be clear, is not just going to an event or getting someone’s business card after an interesting conversation. It’s following up, having a one-on-one meeting, and diving deeper into how you can help someone...
The commercial real estate market is highly competitive, with spaces frequently being repurposed and new deals being signed among corporate firms and property owners. In this environment, having a trusted partner for your lease renewal or relocation needs is crucial for success. In an environment where Landlords value completing transactions and improving their bottom line...
Up-and-coming areas can be a scary concept for some business owners. One day you’re paying low rent in a semi-popular part of town, then a few years pass and the area is booming, people and other businesses are flocking over and rent is skyrocketing. However, you don’t have to pay a fortune in rent or...
An organization’s greatest asset is its people, and success is often defined by the team’s ability to work together to yield great results. This new collaborative mentality has manifested itself in a complete overhaul of office design. Fortune 500 companies have invested in unique spaces featuring everything from coffee bars to tiki bars.
Effective negotiation is key in all aspects of business. Whether it be getting the raise you deserve, landing a deal, or with a lease getting the most “bang for your buck”, if you will.
3 Articles to Read This Weekend Five Mega-trends Shaping Commercial Office Development The developments and offices we plan and construct today are being governed by something I like to call New Office-ism. It’s a design approach that eschews monolithic uses in favor of mixed-use, walkable patterns. New Office-ism incorporates aspects of master planning, urban design...
Welcome to the topic “Chicago Office Space Trends – How to Design Your Office for Returning Employees” Many businesses have developed creative solutions to keep workplace safety a major priority while preserving corporate culture, ensuring high levels of productivity and efficiency, and encouraging a much-needed sense of employee well-being. As you begin to welcome your...