Insights
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...
So you finally found the space you were dreaming of. Now it is time to work out the details beyond the first year’s rent. Each particular aspect of the lease has its own importance and to ensure the security of the great new spot you are locking down, do not just skim over all the...
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.
5 Reasons a Good Commercial Real Estate Broker Adds Tremendous Value Choosing the right office space is one of the most important steps a small business owner can take, which is why it’s crucial to have an expert commercial real estate (CRE) broker with local ties to guide you through the process. Not only will...
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...
For many Millennials, the word “office” drums up visions of 1970s wood-paneled walls, fluorescent lighting and an endless maze of cubicles. While we’re just starting to understand what lies in the future of the “office,” the truth is, it’s changing quickly. If you’re thinking about leasing a property or a new office space, you may...
Coworking workspaces are becoming the new norm for up-and-coming businesses, offering the creature comforts of a big corporation – high-tech workstations, coffee supplies, conference rooms – at a price startups can afford. However, just because a coworking space seems to have it all doesn’t mean there isn’t room for negotiations or amendments to your lease.
The commercial real estate market is on the upswing and deal activity is soaring! Today, there are hundreds of thousands of investment properties for sale or lease. Unfortunately, a large number of those properties are represented by folks who are inexperienced, or worse, lazy. Whether you’re looking to sell or make a purchase, or to...
Here's a unique opportunity to sublease suite 134 (11,046 SF) in a Class B building at 2055 W. Army Trail Road in Addison, IL. The sublease is available now through September, 30 2022. The building is located at the corner of two high-traffic roads, I-355 and Army Trail Road, and it features an office space, warehouse and a showroom with plenty of storage and an onsite management team.
Welcome to the topic “2024 Return-to-Office Trend Update: Looking forward to 2025 and Beyond“ As major employers across the U.S., including Amazon, JPMorgan, and Google, are now calling employees back to office spaces, questions around the future of work are becoming more pressing for employers, employees, real estate professionals, and office space owners alike. However,...
Welcome to the topic “2024 Return to Office Trend” Transforming Business Landscape The return to office trend is transforming the business landscape, leading companies to reassess their operations and growth strategies. As organizations continue to transition back to in-person work environments, they are restructuring teams, redefining roles, and realigning processes to optimize collaboration and productivity....
Want the latest cre market update? In this video, Bill Himmelstein of Tenant Advisory Group gives an overall outlook on the state of the commercial real estate market for 2023. Find out what you need to know before getting your next commercial space.
Welcome to the topic “2023 Commercial Real Estate Outlook“ A lot happened in 2022, which is bound to show its impact on the 2023 commercial real estate outlook. The spiking interest rates, along with inflation, are predominantly to be blamed. One cannot forget about the Ukraine war, either. Of course, there are also the repercussions...
The Illinois Real Estate Journal Awards hosted over 600 CRE professionals from across Chicagoland for an evening of networking and celebration. One hundred seventy-five finalists were recognized this past year, and 52 awards were given. We are humbled and honored by our nomination and sincerely congratulate all finalists that were awarded. We could not have...
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...
Renting commercial property is a major move. The good news is that you can avoid many common worries in the first place, when you do a line-by-line review of the lease. Sure, reading a commercial lease can be difficult and time-consuming, but the consequences of not reading it can be infinitely more unpleasant.
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Ten years ago, Tenant Advisory Group was founded to bring value to clients and partners, regardless of the need for a real estate transaction. In addition to being a highly experienced commercial brokerage firm, TAG’s mission was to be high-level connector and supporter to those who crossed our path. The company accomplishes its client support...
Effective negotiation is key in all aspects of business. Whether it be getting the raise you deserve, landing a deal, or with a lease getting the most “bang for your buck”, if you will.
Bill Himmelstein speaks frequently about the importance of negotiation and how to become a successful negotiator. His last seminar honed in on the importance of negotiation when securing your lease. Below are his 10 Tips to a Successful Lease Negotiation.