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Welcome to the topic “Industrial Real Estate Property Chicago: A Booming Sector“ The Windy City, known for its rich history, iconic skyline, and diverse economy, is also emerging as a focal point in the thriving sector of industrial real estate. As businesses adapt to changing consumer demands and supply chain dynamics, the demand for industrial...
Welcome to the topic “Industrial Boom Slows with Vacancy Rates on the Rise“ In 2022 and 2023, the U.S. industrial boom took the nation by storm, with over 1.5 billion square feet of new industrial construction projects starting across the country. This big increase in industrial inventory led to a higher national vacancy rate, going...
Bill Himmelstein, the founder and CEO of Tenant Advisory Group, has been honored with a nomination for the Broker of the Year Award 2024 by the Illinois Real Estate Journal. This recognition is a testament to Bill’s hard work and dedication in the real estate industry. Additionally, Tenant Advisory Group has been nominated as a...
The landlord is an integral part of the commercial real estate leasing experience, which is why this person or entity needs to factor into any final decisions. A lot can be revealed about a landlord by the way they handle the negotiation process, as this is a window into how they treat existing tenants. For...
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...
Welcome to “How to Re-Negotiate Great Terms for Commercial Real Estate”. One of the best opportunities to lower expenses and improve margins in your business is when you are renegotiating your commercial lease terms. Renegotiating terms can be tricky if you are uninformed and unprepared. However, with a knowledgeable and experienced broker on your side,...
Relocating an entire office is a daunting task, and business owners rarely have the time to allocate to the process. Thankfully, there are professionals available to guide businesses through the transition, effectively reducing stress and increasing the efficiency of the move. The secret is planning and knowing what to expect, which will greatly increase the...
When leasing a new office space, it’s easy to look at properties that already exist, but there is an entire market of new or partially built developments that have potential to be amazing office space, if you plan accordingly. In order to navigate leasing in a new development, follow our steps for success.
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.
Networking is vital for any sustainable and growing business. Here are a few key tips to follow to maximize your networking success.
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...
Even with the changing landscape surrounding the new coronavirus disease (COVID-19), businesses still need to move. If you are in the middle of a corporate move, there are effective ways to continue your office space search while remaining healthy and safe. Here are some tips for those who are working with commercial real estate brokers...
The commercial real estate industry is much smaller than you would think. Networking events and LinkedIn allow for everyone to know everyone else – or at the very least, have mutual acquaintances. Because of this, it is imperative to promote while protecting your image when dealing with colleagues, clients, or your competition. Failure to do...
Want to get your employees back to the office in 2022? Working in a dedicated office space has numerous benefits to the longevity and health of a business to include more productivity, more collaboration, more employee allegiance, faster learning curve, and more social enjoyment just to list a few. In this video, Bill Himmelstein shares...
In most negotiations, it is rare for someone to get what they want without having asked for it first. If a tenant asks for a particular term or concession during a lease negotiation, the tenant will undoubtedly gain more than they started with. Even if the tenant does not acquire exactly what they desired, often a...
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...
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.)....
The rapid growth of a startup causes changes to come quickly, which makes it challenging to find an office space that will grow with the business. When beginning the search, consider the projected growth, business plan and the needs of the company to find the best suitable space.