Insights
The red hot downtown Chicago commercial real estate market remains a popular destination in 2017 with more top corporations seeking spaces in the city. With a shift in how companies structure themselves internally, the growth of importance on office culture is a driving force behind the downtown exodus. The momentous surge of incoming corporations will...
Welcome to the topic “Women in Commercial Real Estate“ There’s a reason that women in commercial real estate have managed to carve a niche for themselves in the field. Yes, the world of commercial real estate has traditionally been dominated by men. But in recent years, we have seen a significant shift towards a more...
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...
3 Articles to Read This Weekend Five Mega-trends Shaping Commercial Office Development The developments and offices we plan and construct today are being governed by something I like to call New Office-ism. It’s a design approach that eschews monolithic uses in favor of mixed-use, walkable patterns. New Office-ism incorporates aspects of master planning, urban design...
Before signing a lease, you want to make sure you are happy with the terms for the entire lease duration. To do this, you must understand the internal pieces of a lease so you can negotiate favorable terms with the landlord.
Welcome to the topic “Reshaping Chicago’s Commercial Real Estate – Core Spaces Strategic Office Expansion“ Downtown Chicago’s office vacancy rate is at a current high of 25.8% and has created ripple effects in Chicago across various sectors. Whether business owners are looking into the impact it has had on residential property taxes or value depreciation...
Welcome to the topic “Positioning to Sell Your Industrial Property“ Heightened Demand and Favorable Pricing Dynamics In recent years, there’s been a significant spike in investor interest in the warehouse sector of industrial real estate, especially in major metropolitan markets. And this increasing interest is expected to boost demand within the industrial real estate sector...
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:
https://www.youtube.com/watch?v=EqBo3zTs7m4
If you find yourself in a commercial space that no longer fits the needs of your business, and you think there’s just too much or too little time on your lease to make any changes, consider this… Your lease, or the building you own, is not a fixed liability. Much like your business, there are...
Want the latest cre market update? In this video, Bill Himmelstein gives a market update on the industrial, retail, and office commercial property sectors and the opportunities available for business owners and those active in the sectors.
Prior to beginning the search for new space, many of our clients are interested in understanding what exactly is involved in the process. Below is an outline of the key steps involved in finding new space for your business. 1. A tenant representative broker assembles a market survey of options that fit the Client’s criteria...
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...
Chicago’s Top Commercial Real Estate Broker, William Himmelstein, shares insights on what to expect when looking for office space in 2021 and offers tips on navigating the commercial real estate landscape. While many businesses continue to extend their work-from-home policies as the pandemic wears on, many owners report plans to return to the office. Some...
Fireside Chicago features Founder of Tenant Advisory Group (TAG) Bill Himmelstein. Bill discusses how TAG works with those with similar values and interests. A special thank you to Tim Schumm of Lucas James Talent Partners!
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 Breakfast, attendees were prompted with the question, “what is the best way to handle growth, and what do...
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...
This Executives Breakfast inspired a number of great discussions and offered Chicago business leaders the opportunity to broaden their networks. At the Executives Breakfast, attendees discussed “Is there a defining moment or decision you’ve made that has helped shape your career?” Here are the responses:
In this insightful video, Bill Himmelstein, the CEO and Founder of Tenant Advisory Group, provides a comprehensive update on the current status of the Commercial Real Estate (CRE) Office Market. Bill delves into the latest trends, challenges, and opportunities within the sector, offering valuable insights for business owners, investors, and real estate professionals.