Insights
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.
Negotiation is an integral part of initially securing your lease. Imagine this: Your broker did a great job negotiating your lease. The space comes with all the amenities you could imagine AND you saved a great deal of money a few years prior when you signed. Your company loves this space, but this year has...
I’ve had countless people ask me that question, and I’m glad they did. What I’ve noticed most during these conversations is the assumption that a bad economy equals a bad real estate market.
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:
Barry Moltz, host of Business Insanity Talk Radio, invited Bill Himmelstein onto the show to discuss the wildly popular open office design trend.
Want the latest cre market update? In this video, Bill Himmelstein gives a market update on the industrial, retail, and office commercial property sectors and the opportunities available for business owners and those active in the sectors.
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!
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.
When you’re looking for a new space, having a budget is essential. As you check out potential locations it’s important to understand the not-so-obvious costs that may pop up as you transition to your new place.
Welcome to “CRE Opportunities: Turning Warehouses Into Data Centers” The pandemic hit every industry out there pretty severely and commercial real estate was no exception. In fact, this sector had to bear long-lasting damages as the extended lockdown forced a lot of businesses to shut operations. Many tenants had to close permanently. Although the world...
The healthcare industry and medical office real estate are undergoing a tremendous shift. This is because healthcare professionals are adjusting to a new mode of service delivery, the effects of the Affordable Care Act and the growth of the 65+ demographic. While many of the same principles required to lease general office space apply to...
Welcome to the topic “Chicago Commercial Real Estate Trends 2024“ Preparing your business to take advantage of the changing commercial real estate (CRE) market can position your company to leverage the best market opportunities and deals. Chicago’s CRE landscape is drastically shifting due to a mix of economic, demographic, and technological factors. The traditional Central...
Welcome to the topic “When to Walk Away from a Commercial Real Estate Deal“ The decision to stop commercial real estate deal negotiations is seldom easy. Quite a few times, you enter the deal confident that you have found the perfect space for your commercial real estate needs. However, soon enough, the red flags become...
Bill Himmelstein, Founder, CEO & Managing Broker of TAG, was featured in the publication – BACK OF HOUSE, an online resource providing insights and services that help restaurants win. In this article, Bill discusses the best strategies for negotiating ands re-negogiating favorable lease terms for commercial restaurant spaces. The best part about using the strategies...
When searching for the most suitable office for your company, it’s important to consider the building class type. While the class type is often overlooked by tenants, it is actually an important factor to determine and compare one building’s price to another. Office buildings are classified into three categories (A, B and C). The class...
Welcome to the topic “How To Create A Chicago Center of Influence“ When it comes to building a strong network and establishing yourself as a credible figure in your industry, creating a Chicago center of influence can be highly beneficial. A center of influence refers to a person or group with significant influence and connections...
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...
Are you wondering when is good time to get into the market and find space? TAG CEO Bill Himmelstein advises to be patient and wait it out.