Insights
Startups, by nature, are always changing, and the last thing a budding business needs is to constantly search for and move into new spaces. As a company grows in both size and revenue, the physical office space will need to provide the flexibility to house the necessary changes (e.g. additional computer stations, conference rooms, etc.)....
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...
Thank you so much for supporting our business. It’s this support that allows us the opportunity to give back to the worthy causes below. Check them out to see all of the amazing work they do, and if you’re able to, consider donating or even volunteering. A little help goes a long way! American Heart...
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...
3 Articles to Read This Weekend Fed Survey: Bank Reports stronger Demand For CRE Loans The Federal Reserve reports that banks reported little change in their standards on commercial and industrial (C&I) loans in the third quarter of 2015. However, banks also indicated that they increased premiums charged on riskier loans for larger firms on...
We are excited to debut our newest affiliate architect, George DePalma of the DePalma Group. This partnership opens up new opportunities for our clients to take advantage of elite space planning, architectural services and interior designers. Tenant Advisory Group is able to provide a variety of new services to help your business thrive.
Welcome to the topic “Upfitting Commercial Space To Fit Company Brand“ No business can thrive unless its employees are happy and satisfied to be a part of the company. This is primarily why every good business leader gives utmost importance to their team. However, with the pandemic, people have become more inclined to work remotely....
Local business leaders gathered at the Executives Breakfast and Luncheon to network with other entrepreneurs and examine a number of topics that are currently affecting their businesses. During the Executives Breakfast, guests discussed what they were doing to get in front of potential new clients. Here are some of the many responses:
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...
All eyes are on vacancies as we head into the new year, as these rates are predicted to continue their increase through 2018. There are a number of factors contributing to this trend, including the emergence of several new properties downtown as well as a few new neighborhoods being developed. Here is a look at...
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.
“¢ Understand Client’ requirements in terms of budget, location, type, size and quality of space.
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:
Preparing for an office move? Herein we include a list of items that you need to make sure to tackle prior to your relocation. 1. Prepare an inventory of everything to be moved. 2. Have movers come out to premises and do a walk through to determine relocation costs. Develop a basic idea of the...
Welcome to “Tips for Buying and Selling Commercial Real Estate in 2024“ The commercial real estate market in the US is finally coming out of the woods and showing positive trends as was predicted for the second half of 2024. The pandemic’s after-effects are dwindling to some extent, with the commercial real estate market predicted...
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...
The November Executives Breakfast and Luncheon provided an opportunity for local c-level executives to forge valuable connections with other Chicago business owners. We are happy to see local entrepreneurs embracing these events as valuable networking experiences in a relaxed and casual environment. Thanks to all who attended!
Starting your own business is hard enough, but taking the plunge and moving into your first office space, can be even harder. Finding the perfect spot requires planning, patience and a solid team behind you. Though it can be overwhelming, I’d like to share six tips that can help you during the process:
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...