Insights
Organizing the layout of your new office space is about more than just configuring desks — this complex art is actually an important contributor to your overall company culture and happiness! You’ll need to consider important factors like gathering areas, noise level and relaxation stations. Here are a few key factors to keep in mind...
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.
When is the right time to negotiate your lease? NOW!
A common question these days is “Will landlords give some relief in the form of free rent?” In general, landlords are willing to give some relief in the near term, but there may be some stipulations. TAG CEO Bill Himmelstein offers his insights.
One question I always get has to do with an approaching lease expiration. How much in advance should we start negotiating for a renewal? The answer is that whether you are relocating to a new space or staying where you are, the time frame is the same. The reason is that in order to achieve...
Every month, Tenant Advisory Group hosts an Executives Luncheon to provide an opportunity for Chicago business leaders to build new, meaningful connections and discuss topics relevant to running a business. During one of April’s Executives Luncheons, attendees were prompted with the question, “What efficient, creative and impactful ways do you use to stay on the...
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...
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...
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...
Topic: Commercial Real Estate and The Markets Grab your coffee and Buckle up this Thursday when Mike Morawski and Bill Himmelstein talk about commercial real estate and how to gain the edge in a changing market. Bill Himmelstein is featured on this episode of Thursday Morning Live with Mike Morawski. Listen to Bill discuss the...
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 “What Is Office Tenant Representation And Why Do You Need It” Finding a desirable and suitable office space can be an incredibly tough feat. For one thing, you often have limited choices that will work with your size, location and budget. There are also so many additional factors to consider. Then,...
Welcome to the topic “Office Demand Growing in 2024“ After a prolonged period of sluggish demand, the office market is finally showing signs of a potential turnaround in 2024. A strong indicator of this change is the increase in leasing activity, particularly from major corporations committing to long-term leases. Companies such as Kroger, the largest...
Just like fashion or music, trends tend to pop up in the world of commercial real estate. Whether it’s a hot area in the Southwest Loop or new developments in Old Town, these trends directly affect tenants, landlords and investors alike. Keep reading to see how trends make their mark on a city.
Co-working spaces have been grabbing square footage in cities across the world over the past several years, fighting over who gets to house the influx of innovative startups and budding entrepreneurs. It appears that this market has hit oversaturation, and even the biggest names in co-working are starting to pull back.
Scott Hansen of Success Hackers sat down to speak with Tenant Advisory Group’s owner, Bill Himmelstein, to discuss Bill’s success.
Here are the 7 mistakes to avoid making when you’re a commercial real estate broker.
Are you wondering when is good time to get into the market and find space? TAG CEO Bill Himmelstein advises to be patient and wait it out.
Excerpt for template.
https://www.youtube.com/watch?v=EqBo3zTs7m4