Insights
Fireside Chicago features Founder of Tenant Advisory Group (TAG) Bill Himmelstein. Bill discusses the difference between the values of TAG and many other larger firms. A special thank you to Tim Schumm of Lucas James Talent Partners!
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...
Every company wants the most modern building right next to the most successful businesses in the city. While many companies believe this to be a power move to boost creativity and generate more business, it’s actually costing your business more than just rent. It’s crucial to pay attention to two important factors when preparing to...
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...
Welcome to “CRE Opportunities: Turning Warehouses Into Data Centers” The pandemic hit every industry out there pretty severely and commercial real estate was no exception. In fact, this sector had to bear long-lasting damages as the extended lockdown forced a lot of businesses to shut operations. Many tenants had to close permanently. Although the world...
Description: Here is an opportunity to lease in the base of the new Homewood Suites Hotel in Skokie on the prominent corner of Oakton & Niles. The space is divisible to possibly 2 – ~5,000sf restaurants and a 2,130 retail use. It’s adjacent to a new residential development site with plans to build 92 loft...
https://www.youtube.com/watch?v=EqBo3zTs7m4
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...
The rapid growth of a startup causes changes to come quickly, which makes it challenging to find an office space that will grow with the business. When beginning the search, consider the projected growth, business plan and the needs of the company to find the best suitable space.
From the seasoned lease or contract negotiator to the first timer, it is vital to have a strong set of ideals behind all negotiations. The more confidence in and acumen with these skills that one has, the higher opportunity for coming away with a positive outcome.
Is your business overcompensating for the key buzzwords in company office space right now? Of course, we are talking about fun and collaborative. In order to impress clients and potential hires, creating a comfortable office space is an obvious goal for any company. However, there needs to be consideration into whether your new ping pong...
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...
When negotiating a new lease or lease renewal for commercial office space, many business owners and operators believe they can use a trusted family lawyer, IP, tax, corporate or other non-real estate attorney to help mediate terms. While it may be tempting to choose a lawyer you’re familiar with over an expert in real estate,...
Due to an influx in technology, Chicago is awash with small to midsize businesses trying to make their mark on the city. These companies may have great reputations in their home cities, but doing business in Chicago is its own beast. The key to setting yourself apart as a business owner in Chi-Town is to...
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.
Every month, Tenant Advisory Group hosts an Executives Networking Event to provide an opportunity for Chicago business leaders to build new, meaningful connections and discuss topics relevant to running a business. During July’s Executives Luncheon, attendees were prompted with one question: “How do you build your company’s culture?” Here are a few of the lessons...
Welcome to the topic “Chicago Commercial Real Estate Trends 2024“ Preparing your business to take advantage of the changing commercial real estate (CRE) market can position your company to leverage the best market opportunities and deals. Chicago’s CRE landscape is drastically shifting due to a mix of economic, demographic, and technological factors. The traditional Central...
Starting your own business is hard enough, but taking the plunge and moving into your first office space, can be even harder. Finding the perfect spot requires planning, patience and a solid team behind you. Though it can be overwhelming, I’d like to share six tips that can help you during the process:
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...
On March 2nd, BILL HIMMELSTEIN of Tenant Advisory Group, along with GARY BREDEN of Insperity and Venture X Chicago – Oak Brook co-hosted a high level networking event at the co-working space of Venture X in Oak Brook. This incredible networking event was for Chicago’s highest producing business owners and C-suite executives. We were honored...