Insights
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The May Executives Breakfast and Luncheons offered a place for insightful conversation and networking between local, Chicago entrepreneurs. Attendees were given opportunities to provide business advice and share valuable experiences with one another. Guests at the Executive Breakfast were given the discussion topic of best practices pertaining to attracting top talent. Here are a few...
Social media and virtual advertising is an almost mandatory facet for businesses today. Small businesses differ slightly in that they heavily rely on their stock customers: regulars if you will. While small business continues to ease itself into the cyber sphere, word-of-mouth marketing remains a prominent factor in success and maintenance. Instead of going door-to-door,...
The April executives networking events brought together many new entrepreneurs to grow their networks and walk away with tangible knowledge. The Executives Breakfast and Luncheon created a convenient environment for entrepreneurs to offer valuable advice and build strategic connections. At the Executives Breakfast, guests were prompted with the question: What are your best practices surrounding...
Place priority on networking with referral sources. While it may seem that networking with potential clients should be at the very top of your to-do list, networking with steady referral sources can bring you a lot more business in the end. Here’s how to make connections and network like a pro when it comes to...
Who you know can be more important than how many people you know. Upgrade your networking efforts by taking the time to meet people you believe can be helpful to you and then do what you can to be helpful to them. Take a listen for more tips on finding the right networking partner.
Unless you work for a brokerage firm, you are not an expert when it comes to commercial real estate leases. Leave it to the experts when it comes time to negotiate your lease.
Most commercial leases typically run between 5- 10 years. In good leases, there are provisions to the rental agreement allowing a tenant to extend the length of the lease. A general rule of thumb: Instead of immediately exercising your renewal option, try to negotiate each renewal term instead. However, if you come to a standstill,...
Minority Business Resources Webinar: Chicago MSDC and Chicago MBDA Business Center invited William Himmelstein to present what tenants can do about commercial leases during COVID-19. He discusses how to take advantage of current market conditions: the do’s and don’ts of approaching your landlord, obtaining free rent, restructuring a lease, terminating a lease, and what other...
A space may be absolutely perfect, but need substantial work to become the perfect space for you. For this, a Tenant Improvement Allowance, number of dollars the landlord is willing to offer per square foot of rentable space, is extremely beneficial.
In this video Bill Himmelstein, delves into the latest developments and shifts in the office market. Also watch – National Industrial Market Overview
In this video Bill Himmelstein, delves into the latest developments and shifts in the industrial market. Also watch – National Office Market Trends
Relocating your company to a new office space is an exciting time, full of endless possibilities. Such a large undertaking will of course create stress, but proper planning in advance will save you and your business time, money and hassle.
Reviewing each section of a commercial lease is a long process, but it’s essential to identifying ways a tenant can save money. One often overlooked area of these documents is the array of options that can be used to securitize a lease, as well as the Surrender Clause upon lease expiration. Here are a few...
Approximately 1.5 acres located at the corner of East Dundee and Wolf Road. Just minutes away from the new Wheeling Town Center which is currently under construction. The Wheeling Town Center is a $110 million dollar transit-oriented master-planned mixed-use development where it will be the “Center of it All.” This is a great location...
The June Executives Breakfast and Luncheon offered a constructive environment for local Chicago entrepreneurs to broaden their network. Attendees had the opportunity to share ideas, experiences and business advice with one another. At the executives breakfast, guests were asked “what they have done, or stopped doing, that has increased their productivity.” Here are a few...
Chicago entrepreneurs gathered at Tenant Advisory Group’s July Executives Breakfast and Luncheon to connect with other professionals and share their insight. During the event, attendees were asked about “the biggest mistake they have made as a business owner.” Here are a few of the many responses:
For Sale – Office Building / Medical Facility – 1 S Virginia St/Route 14, Crystal Lake, IL Property Highlights Building Size: 4,500 sq. ft. Lot Size: +/- 26,000 sq. ft. Parking Spaces: 14 on site/4 on adjacent property Zoned: Office Parcel No.: 19-06226028 Taxes (2018): $17,256 Asking Price: $800,000 Built: 2004 Move-in ready – fully equipped...
Need to know the latest trends in the CRE market? In this video, Bill Himmelstein shares the latest real estate data in the Chicagoland market, including the boom of the industrial real estate market and the opportunity available in the commercial office space sector.
Signing a commercial lease is one of the biggest steps in a business owner’s journey. The lease agreement is filled with all aspects of rules, regulations and terms to understand during a rental relationship. And, as a business owner, your livelihood is at stake so you want to make sure you’re getting the most value...