Insights
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.
Interested in starting your own entrepreneurial journey but unsure what to expect? Then read up on our interview with Bill Himmelstein, founder, and CEO of Tenant Advisory Group, located in Chicago, IL, USA. What’s your business, and who are your customers? We are a commercial real estate brokerage firm focusing on representing the transactional needs of businesses...
Here's a unique opportunity to sublease suite 134 (11,046 SF) in a Class B building at 2055 W. Army Trail Road in Addison, IL. The sublease is available now through September, 30 2022. The building is located at the corner of two high-traffic roads, I-355 and Army Trail Road, and it features an office space, warehouse and a showroom with plenty of storage and an onsite management team.
A space may be absolutely perfect, but need substantial work to become the perfect space for you. For this, a Tenant Improvement Allowance, number of dollars the landlord is willing to offer per square foot of rentable space, is extremely beneficial.
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...
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...
Reviewing each section of a commercial lease is a long process, but it’s essential to identifying ways a tenant can save money. One often overlooked area of these documents is the array of options that can be used to securitize a lease, as well as the Surrender Clause upon lease expiration. Here are a few...
Welcome to “How to Re-Negotiate Great Terms for Commercial Real Estate”. One of the best opportunities to lower expenses and improve margins in your business is when you are renegotiating your commercial lease terms. Renegotiating terms can be tricky if you are uninformed and unprepared. However, with a knowledgeable and experienced broker on your side,...
This past year, TAG has been fortunate enough to give back to our community, both locally and abroad. This year, we feature over a dozen organizations that have touched the lives of countless individuals. These organizations are pillars in their communities, addressing the various needs of people in their sphere of influence. Visit the websites...
Recently, the Financial Accounting Standards Board (FASB) updated their standards effectively changing the way companies must list their lease on their balance sheet. This will undoubtedly have rippling effects on businesses, and the leasing process as a whole. The update has the potential to alter the landscape of the commercial real estate lease.
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!
The City of Chicago is experiencing a dramatic change in the availability of commercial real estate. The landscape is in flux due to the improving U.S. economy. Real estate typically lags the economy which leads to a very intriguing cycle of office space availability. Because of the interconnected nature of all of these issues, many...
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...
In commercial real estate building class is an important factor to consider when determining which sort of office will be most suitable for your company. While one building may seem comparable to another, upon closer analysis, frequently they will be quite different.
Type “crowdfunding” into any Web browser and you’ll see dozens of results pop-up: Indiegogo for a vegan filmmaking challenges. Crowdwise to save the Hebridean whales. Kickstarter for potato salad.
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...
The Chicago real estate development industry has been buzzing this summer with dozens of innovative new projects aiming to break ground in the next year in the booming South Loop neighborhood. Tenant Advisory Group predicted at the end of 2014 that the South Loop will continue to be a red-hot neighborhood, and it looks like...
You have a shiny new license in hand and are ready to conquer the real estate landscape! The median age in real estate is now 57 years old, which may cause young agents to have a difficult time getting clients or referrals – or being taken seriously by peers. Whether you’re a recent graduate or...
Welcome to the Topic “How Remote and Hybrid Work from Home is impacting Commercial Real Estate In 2020, the whole world was at a standstill. Almost overnight, office workers all around the country (and world) transitioned from going to the office every day to remotely working from home. Now, over two years later, the after...