Insights
Crain’s Chicago Business released its inaugural edition of The Most Influential Commercial Real Estate Brokers in Chicago, and our own Bill Himmelstein has been included in this list!
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...
Throughout 2014 there have been many examples of a drastic escalation in the valuation of land within the confines of the City of Chicago. Since much of this land is being developed for the purpose of condominiums and apartments, developers may find it more attractive to shift their focus to surrounding neighborhoods. These value oriented...
The lease negotiation has the potential to provide several, lucrative concessions and rights for the tenant, as long as they are requested and properly defined. What most tenants don’t realize is that most landlord’s are sitting on a pile of money that is available to be allocated towards the incoming tenant in the form of...
Here’s this week’s recommended reading: 8 Challenges of Starting a Real Estate Investment Firm Real estate is an entrepreneurial business where almost everyone aspires to do their own deals. That’s part of what makes it so interesting. There are a lot of really smart professionals out there eager to do their own deals, however starting...
Welcome to the topic “Unlocking Value with Sale-Leaseback Transactions“ Business owners across the country are raising capital for their companies by unlocking the power of sale-leasebacks. Sale-leasebacks are a type of financial transaction where a business sells its owned real estate property to an investor or buyer, and then leases back the same property from...
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...
When is the right time to sign that next lease and start looking for office space? If you’re ok signing up for a sublease you might have a lot of opportunities coming up. TAG CEO Bill Himmelstein offers his insight here.
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...
TAG completes dozens of successful negotiations every year (over $30,000,000 worth of transactions in the last 2 years!) because we know the market better than anyone else and we understand how to work with others. Here are some tips you can use with your negotiations:
Building culture is hard with a remote-based workforce. To have a top business, you need to have a top culture – this is why TAG CEO Bill Himmelstein suggests a phased-in approach for recommitting to your office space.
Welcome to the topic “Upfitting Commercial Space To Fit Company Brand“ No business can thrive unless its employees are happy and satisfied to be a part of the company. This is primarily why every good business leader gives utmost importance to their team. However, with the pandemic, people have become more inclined to work remotely....
Welcome to the topic “The ROI Of Leasing Traditional Office Space” There are many valid reasons for why businesses began to reconsider their need for traditional office space over the last few years. The American workforce has had a major shift in perspective regarding work-life balance; the state of working underwent a complete transformation in...
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.
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...
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...
Move over Fulton Market, we have some new players ready to take the spotlight. The Southwest Loop, South Loop and Old Town are hot with activity and ready to make their mark. Check out what makes these three contenders a dream for investors, commuters and brokers alike.
The landlord is an integral part of the commercial real estate leasing experience, which is why this person or entity needs to factor into any final decisions. A lot can be revealed about a landlord by the way they handle the negotiation process, as this is a window into how they treat existing tenants. For...
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. We’ve launched an all-new series with MeetAdvisors.com – “Commercial Real Estate: What I Know Now and Wish I...
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.