Insights
Commercial real estate is typically a company’s second or third largest expense to payroll and materials. Yet, never in the twenty years that I have been a commercial real estate broker has space been on the mind of almost every single business owner and CEO. In the last 7 months, I have seen corporate leaders...
Welcome to the topic “Crafting the Ideal Workspace in Chicago CRE: Designing for Innovation and Success“ In the dynamic world of commercial property searches, finding the perfect office space goes beyond the physical structure and budget considerations. It requires a deep knowledge of business goals, internal infrastructure, and personnel development, all of which can help...
Coworking & Office Space Available – Prime Loop Location – 9 W Washington 16,000 square feet Available for direct lease at $26.25/sf MG Coworking space for 3-40+ people Several options & configurations possible
Coworking & Office Space Available – Prime River North Location – 444 N Wabash 10,000 square feet 5,000 sf direct lease available $25.50/sf MG 2-60 person coworking spaces available Several options & configurations possible
Comrade Web Agency was seeking a loft space in River West. TAG located a great space and then negotiated a tremendously favorable deal. TAG was able to drop their rate 22% from the original asking, and added 32% additional tenant improvement allowance from the initial offer. Likewise, free rent increase by 50% over the initial...
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...
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. This is why we’re launching an all-new series with MeetAdvisors.com – “Commercial Real Estate: What I Know Now...
Welcome to the topic “Commercial Real Estate Trends in Chicago” The commercial real estate market is ever-changing, and the properties that yield the best results for owners, tenants and investors are those that adapt to trends as they emerge. Keeping tabs on current conditions and anticipating future needs is key to staying ahead of the...
Did you find the perfect office space and are ready to sign a lease or make a purchase? Are you trying to move your property quickly? If you’re involved in any leasing/purchasing real estate process it’s likely you’ve come across the term “dual representation.”
Welcome to the Topic “Commercial Real Estate and Company Culture” Developing a culture where real estate professionals feel at ease, inspired, and able to succeed is one of the most critical elements of this industry. The mission, goals, and even the actual work environment can all be considered part of a company’s culture. Real estate...
Welcome to the topic “Commercial Broker Challenge – Top Things To Look For In A Great CRE Broker“ Commercial real estate dealings can be quite overwhelming. On the one hand, you want to ensure that you get the best possible site for your business. But at the same time, you are worried about the terms...
Chicago’s commercial real estate market favors sellers, presenting high demand and low supply in the downtown area. This means the window to moving into your dream office may be closing faster than you think. If you find that perfect property for your business, be prepared to act fast and close the deal with the property...
Selecting the perfect location for your office is no easy task. It is vital to consider factors that will satisfy clients as well as employees. Keep in mind these important elements when searching for your new office location.
The South Loop, River West and West Loop each have taken their turn as being Chicago’s “it” neighborhood. Now it’s time to turn our eyes towards the Clybourn Corridor, the thin strip of land on the western edge of Lincoln Park between Clybourn Ave. and the Chicago River. This area already serves as a main...
Glamorous downtown Chicago is bustling with the impressive influx of top corporations moving into downtown. However, apartment buildings are beginning to feel the effects of over-saturation and landlords are having a tough time renting their downtown spaces. With more buildings coming online in 2017, the increase in supply should cause rents to deflate as vacancy...
Bowtruss Coffee, Portillo’s Hot Dogs, even Bernie Sanders. Between businesses and notable politicians, it seems as if everyone is flocking to Chicago’s South Loop neighborhood and setting up shop.
The South Loop real estate market has been exploding in the last couple years, but what is the next neighborhood to experience a boom? Perhaps the answer isn’t just one, but several. As businesses keep shifting their focus to downtown, neighborhoods surrounding the popular Loop, will boom: River West, River North, Goose Island, New City,...
Welcome to the topic “Chicago Office Space Trends – How to Design Your Office for Returning Employees” Many businesses have developed creative solutions to keep workplace safety a major priority while preserving corporate culture, ensuring high levels of productivity and efficiency, and encouraging a much-needed sense of employee well-being. As you begin to welcome your...
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.
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...