Insights
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...
Topic: How to Get Wealthy Slowly Bill Himmelstein was featured on the Straight Up Chicago Investor Podcast! Listen to Bill speak with Mark Ainley and Tom Shallcross about long-term investing and how real estate is not a “get rich quick” but rather a “get wealthy slowly” investment. Bill starts by talking about his start in...
Due to an influx in technology, Chicago is awash with small to midsize businesses trying to make their mark on the city. These companies may have great reputations in their home cities, but doing business in Chicago is its own beast. The key to setting yourself apart as a business owner in Chi-Town is to...
As vacancy rates continue to rise and rental rates fall, it presents an opportune moment for tenants to take advantage of the current market.
We also want to acknowledge the relentless efforts of our team. Your passion and dedication are the driving forces behind our success. Lastly, we extend our sincere gratitude to the Illinois Real Estate Journal for this recognition. Your commitment to acknowledging excellence in the field of real estate is truly commendable. This nomination has not...
Newly built-out spec suite available for sublease 30 N LaSalle, Suite 2630 3,915 SF Asking $34/SF Lease expiration 12/30/23 Available 30 days from sublease execution
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.)....
Co-working spaces have been grabbing square footage in cities across the world over the past several years, fighting over who gets to house the influx of innovative startups and budding entrepreneurs. It appears that this market has hit oversaturation, and even the biggest names in co-working are starting to pull back.
“Giving starts the receiving process.” – Jim Rohn
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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.
Qualification is essential when looking to lease a commercial space for your business. You and your new landlord will be making an investment in each other so it’s important to prove to the landlord that you are up for the financial commitment of the move and setting up of the new space.
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...
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:
The best way to navigate the tricky landscape of a lease is to stay current on all the common phrases, clauses and definitions. You may have a general understanding of the terms, but it takes a professional to really navigate the ins and outs. Here are a few of the most common points you may...
Welcome to the topic “Google’s Thompson Center Renovation: Revitalizing Chicago’s Loop and Its Economy“ The ongoing renovation of the Thompson Center by Google marks a significant turning point for Chicago’s Loop, attracting the attention of new and existing businesses to the area. Among the latest to make the move to the Loop is Lessen, a...
Relocating and choosing a new office space is a lot of work, no matter the size of your company. However, it also provides an exciting opportunity to start fresh in a new space. Carefully consider the following points to ensure you get the most out of your move.
Chicago is home to a variety of diverse neighborhoods. Finding the perfect location for your business can be difficult. Below are 4 of our favorite neighborhoods that range in everything from style to price.
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 August’s Executives Luncheon, attendees were prompted with the question: “How do you attract and retain top talent?” Here are a few of the lessons...
Networking is vital for any sustainable and growing business. Here are a few key tips to follow to maximize your networking success.