Insights
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...
Recently, I had a very interesting conversation with a business owner who was seeking to renegotiate his office lease. He told me he is working with a business consultant on the renegotiations. I thought; Wow! Hold on, a business consultant?
What are the top 5 critical traits of any successful agent?
When searching for the most suitable office for your company, it’s important to consider the building class type. While the class type is often overlooked by tenants, it is actually an important factor to determine and compare one building’s price to another. Office buildings are classified into three categories (A, B and C). The class...
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.
The start of the year was met with new connections at the Tenant Advisory Group’s Executives Breakfast and Executives Luncheon. Owners and decision makers from a wide-range of industries came together to build their networks and learn how they can work together to grow their business. At the breakfast, a lot of great responses were...
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:
Here are the 7 mistakes to avoid making when you’re a commercial real estate broker.
In this webinar, various professionals discuss what is happening in their current market. Bill Himmlestein, Founder of TAG, discusses commercial real estate facts and figures in Chicagoland, which can be applied to what is happening around the country.
As you make your holiday party plans this year, consider how you or your company can help Holiday Heroes bring joy to children in long-term hospital care through sponsored holiday parties. This nonprofit partners with hospitals, businesses, celebrities and others to give children who are hospitalized due to a critical or chronic illness, a well-needed...
Welcome to “Why Now Could Be the Best Time To Lease Commercial Office Space” Many companies prefer to lease their commercial offices rather than purchasing space. Leasing offers a greater amount of flexibility and leverage to accommodate any future changes in your business. If you are considering leasing space but don’t know much about commercial...
Every month, Tenant Advisory Group hosts 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 August’s Executives Luncheon, attendees were prompted with the question: “How do you attract and retain top talent?” Here are a few of the lessons...
The commercial real estate market is highly competitive, with spaces frequently being repurposed and new deals being signed among corporate firms and property owners. In this environment, having a trusted partner for your lease renewal or relocation needs is crucial for success. In an environment where Landlords value completing transactions and improving their bottom line...
Building a career in the real estate industry can be frustrating and even intimidating for newcomers. Sadly, the failure rate for new agents is pretty significant. For anyone who’ trying to make a name for themselves, being diligent and avoiding these common beginner mishaps should help your chances of succeeding in this business:
Need to know the latest trends in the Chicago Real Estate market? In this video, Bill Himmelstein shares the latest real estate data in the Chicagoland market. The January CRE update gives you the most current insights on what the market is doing and the implications it has on future real estate transactions in the area.
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...
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Welcome to the topic “The Real Cost of Empty Chicago Offices: How Downtown Vacancies Affect You in Real Dollars“ While the world has slowly and steadily made it back to normal after the pandemic, the commercial real estate office market has been in a downward spiral for quite some time, as remote work has become...
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!