Insights
The June Executives Breakfast and Luncheon offered a constructive environment for local Chicago entrepreneurs to broaden their network. Attendees had the opportunity to share ideas, experiences and business advice with one another. At the executives breakfast, guests were asked “what they have done, or stopped doing, that has increased their productivity.” Here are a few...
Welcome to the topic “What To Expect During The Tenant Representation Process“ Many people can be skeptical of using tenant representation in their lease transaction, mainly because they don’t know the benefits. It’s surprising how so many are still unaware of how a tenant representative broker can assist in making their leasing transaction easier, smoother,...
Want the latest cre market update? In this video, Bill Himmelstein of Tenant Advisory Group gives an overall outlook on the state of the commercial real estate market for 2023. Find out what you need to know before getting your next commercial space.
As many companies begin to phase in reopening and prepare to send their employees back to the office, there are some definite changes you can expect to see in terms of layout and design. Here are some of our top things to think about as you prepare to re-enter the workforce. Density Crowded open floor...
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. We’ve launched an all-new series with MeetAdvisors.com – “Commercial Real Estate: What I Know Now and Wish I...
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...
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...
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 January’s Executives Luncheon, attendees were prompted with the question: “How do you get it all done? What advice or tips do you have for...
The Illinois Real Estate Journal Awards hosted over 600 CRE professionals from across Chicagoland for an evening of networking and celebration. One hundred seventy-five finalists were recognized this past year, and 52 awards were given. We are humbled and honored by our nomination and sincerely congratulate all finalists that were awarded. We could not have...
Most commercial leases typically run between 5- 10 years. In good leases, there are provisions to the rental agreement allowing a tenant to extend the length of the lease. A general rule of thumb: Instead of immediately exercising your renewal option, try to negotiate each renewal term instead. However, if you come to a standstill,...
The decision to rent or buy a home is one in which most people approach with significant care. It’s no different when evaluating whether to buy or lease with regards to commercial property.
Crain’s Chicago Business released its inaugural edition of The Most Influential Commercial Real Estate Brokers in Chicago, and our own Bill Himmelstein has been included in this list!
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...
Here’s this week’s recommended reading: 8 Challenges of Starting a Real Estate Investment Firm Real estate is an entrepreneurial business where almost everyone aspires to do their own deals. That’s part of what makes it so interesting. There are a lot of really smart professionals out there eager to do their own deals, however starting...
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 one of March’s Executives Luncheons, attendees were prompted with the question, “What’s the biggest mistake you’ve made and how did you overcome it?” Here...
In this video Bill Himmelstein, delves into the latest developments and shifts in the office market. Also watch – National Industrial Market Overview
If you’ve signed a lease for office space or talked with any commercial landlords lately, you’ve probably been asked about having General Liability Insurance.
Reviewing each section of a commercial lease is a long process, but it’s essential to identifying ways a tenant can save money. One often overlooked area of these documents is the array of options that can be used to securitize a lease, as well as the Surrender Clause upon lease expiration. Here are a few...