Insights

Welcome to the topic “How To Find The Right Office For A Fast-Growing Startup“ Office space for startups plays a crucial role in the success and growth of these companies. With the rise of the startup culture, the demand for suitable offices for fast-growing startups that cater to the unique needs of these businesses has...

Welcome to the topic “How To Find A Coworking Space“ There’s a reason that the concept of shared office space is gaining so much traction. Indeed, people invest a great deal of time and effort to ensure that they find a coworking space well suited to their needs. Basically, coworking space is an increasingly popular...

Coworking spaces can be the perfect solution for a variety of working scenarios — from a solo entrepreneur just starting out to an executive from a large corporation seeking a change in scenery. Much like the businesses they serve, no two coworking spaces are the same. In fact, there are many aspects to consider when...

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...

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...

Long term leases, if done properly are made with options to be broken. Whether the landlord is looking to get the current tenant out in order to charge more to a new tenant or more likely, the tenant is looking to get out to find the right sized space, there are many times in commercial...

When moving to a new office space, there is quite a bit to consider to ensure the process goes smoothly. One area that often gets overlooked is transition timing and lease overlap. However, this is a key point to be aware of, as a disruption or delay in the build out process can mean operating...

Searching for and leasing a commercial space for your business is a process, to say the least. To make the most out of your process with the least amount of agony, there are a few tips for finding a great commercial space and simplifying the process.

The negotiation process can be intimidating, but it doesn’t have to be if you go in with the right attitude and information. Whether you’re looking to increase your salary, restructure part of your lease or save money on that new car, follow the tips below to get what you want and feel good doing it.

Welcome to the Topic “How Remote and Hybrid Work from Home is impacting Commercial Real Estate In 2020, the whole world was at a standstill. Almost overnight, office workers all around the country (and world) transitioned from going to the office every day to remotely working from home. Now, over two years later, the after...

With success comes growth and with growth comes a need for more employees and space for those employees to work. While it can be challenging to know just how fast your company may grow, an estimate is necessary for you to understand your needs and for you to have an adequate amount of space to...

When it comes to a landlord’s consideration in negotiating real estate terms with prospective tenants, does size matter?  In theory, yes. A larger company that takes up more space in a building has more leverage over the landlord because they represent a larger share of the building’s cash flow and profit. They also provide the...

When considering hiring a specialist to help you navigate the real estate goals of your business, it’s important to understand the difference between what you get when you turn to a business consultant versus a real estate broker. The word consultant can easily be misleading and tricky. Consulting is the right motive, but a real...

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...

Welcome to the topic “How Companies Become Industry Leaders and Increase their Bottom Line – Navigating Productivity, Innovation, and Brand Reputation with Return to Work“ Companies strive not only to stay afloat but to ascend to the coveted status of industry leaders. Achieving this feat requires a delicate balance of factors, with productivity, innovation, and...

There are never enough hours in the day when you’re a small business owner. Try adding relocating your business to your list, and you’ll really have your head spinning. While important, finding a new office is a daunting task and can soak up drastic amounts of time. Thankfully, there are Chicago Commercial Real Estate professionals...

Negotiating a deal for an office space, home or retail space is a delicate art that takes thoughtfulness, precision and a clear idea of what you want. Walking away from a deal is not only the best leverage to get everything on your list of asks, but can also be necessary if the deal is...

Corporate giants ditching their suburban campuses for Chicago skyscrapers has been a common occurrence in the last few years — Kraft Heinz, ConAgra, McDonald’s, Google and Motorola. Now Wilson Sporting Goods joins the movement, leaving its location near O’Hare Airport for the iconic Prudential building.

The commercial office market has been in constant flux since 2020. In the past five years, high vacancy rates and the shift to hybrid workforce models has kept the commercial office space market in a continual decline. However, now we are seeing a long overdue shift —one that signals a persistent and evolving comeback for...

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...