Insights
Bill Himmelstein, Founder, CEO & Managing Broker of TAG, was featured in the publication – BACK OF HOUSE, an online resource providing insights and services that help restaurants win. In this article, Bill discusses the best strategies for negotiating ands re-negogiating favorable lease terms for commercial restaurant spaces. The best part about using the strategies...
When you’re pursuing your dream of buying a commercial building or leasing office space, it’s easy to get caught up in the one thing you really want to avoid: drama. From loosely inspected properties to ambiguous leases, the journey can be anything but simple. As you move into your next real estate venture, keep these...
Every month, Tenant Advisory Group hosts an Executives Bruncheon to provide an opportunity for Chicago business leaders to build new, meaningful connections and discuss topics relevant to running a business. During August’s Executives Bruncheon, attendees were prompted with the questions: “What are your best business development techniques and what is the best advice you’ve ever...
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...
When leasing a new office space, it’s easy to look at properties that already exist, but there is an entire market of new or partially built developments that have potential to be amazing office space, if you plan accordingly. In order to navigate leasing in a new development, follow our steps for success.
Paying attention to infrastructure means paying attention to the nitty gritty details, but it’s these details that save you time and money in the long run. Below we have your guide to all things infrastructure for your new office space.
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...
Owner & Founder of Tenant Advisory Group, Bill Himmelstein was named Crain’s Chicago Business Notable Leader in CRE!
Newly built-out spec suite available for sublease 30 N LaSalle, Suite 2630 3,915 SF Asking $34/SF Lease expiration 12/30/23 Available 30 days from sublease execution
There are never enough hours in the day when you’re a small business owner. Try adding relocating your business to your list, and you’ll really have your head spinning. While important, finding a new office is a daunting task and can soak up drastic amounts of time. Thankfully, there are Chicago Commercial Real Estate professionals...
Every month, Tenant Advisory Group hosts an Executives Breakfast and 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 the Executives Lunch, attendees were prompted with the question, “Some of our best referral sources can be existing clients. What...
Thank you so much for supporting our business. It’s this support that allows us the opportunity to give back to the worthy causes below. Check them out to see all of the amazing work they do, and if you’re able to, consider donating or even volunteering. A little help goes a long way! American Heart...
Every month, Tenant Advisory Group hosts an Executives Event to provide an opportunity for Chicago business leaders to build new, meaningful connections and discuss topics relevant to running a business. During December’s Executives Bruncheon, attendees were prompted with the question: “What trends are you seeing in your industry?” Here are a few of the lessons...
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...
Welcome to the topic “Industrial Real Estate Property Chicago: A Booming Sector“ The Windy City, known for its rich history, iconic skyline, and diverse economy, is also emerging as a focal point in the thriving sector of industrial real estate. As businesses adapt to changing consumer demands and supply chain dynamics, the demand for industrial...
Last week TAG had the privilege of attending the Office Max Roundtable event for business owners. Senior Vice President Steve Sunderland and Executive Vice President Kim Feil facilitated the panel discussion of what it’s like to run a business and how a large corporation such as theirs could connect with us. From there we were...
Welcome to the topic “Google’s Thompson Center Renovation: Revitalizing Chicago’s Loop and Its Economy“ The ongoing renovation of the Thompson Center by Google marks a significant turning point for Chicago’s Loop, attracting the attention of new and existing businesses to the area. Among the latest to make the move to the Loop is Lessen, a...
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...
Welcome to the topic “Why You Need a Real Estate Attorney for Lease Negotiations“ The importance of hiring the right attorney cannot be overstated when engaging in lease negotiations. Just as you wouldn’t trust a cardiologist to perform brain surgery, you shouldn’t rely on a general counsel to navigate the intricate world of real estate...
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,...