Insights
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!
Welcome to the Topic “Strategies on Getting Employees Back to the Office” Employees were forced to leave the office and enter their houses more than two years ago due to COVID-19. And though most offices have already reopened, not everyone is as eager to go back. As more companies are embracing their employees back into...
The coronavirus pandemic is affecting every aspect of our daily life. For many, renegotiating your lease may be something that needs to happen sooner rather than later. Now more than ever a skilled broker can help you negotiate the most favorable terms. Check out our top ten negotiation tips here.
Owner & Founder of Tenant Advisory Group, Bill Himmelstein was named Crain’s Chicago Business Notable Leader in CRE!
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...
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 one of April’s Executives Luncheons, attendees were prompted with the question, “What efficient, creative and impactful ways do you use to stay on the...
Business News Daily asked Bill Himmelstein about the effectiveness of office designs for small companies. While many small business owners assume that open offices are the top choice for all workers today, it may cause issues in some organizations.
Here are the 7 mistakes to avoid making when you’re a commercial real estate broker.
Welcome to the topic “Best Practices for Negotiations in Commercial Real Estate“ Navigating the complex world of commercial real estate requires exceptional negotiation skills. Whether you’re a buyer, a seller, or a broker, understanding the nuances of negotiation can make all the difference in closing deals and obtaining favorable terms. In this comprehensive guide, we’ll...
If you’ve signed a lease for office space or talked with any commercial landlords lately, you’ve probably been asked about having General Liability Insurance.
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.
Throughout 2014 there have been many examples of a drastic escalation in the valuation of land within the confines of the City of Chicago. Since much of this land is being developed for the purpose of condominiums and apartments, developers may find it more attractive to shift their focus to surrounding neighborhoods. These value oriented...
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...
Did you find the perfect office space and are ready to sign a lease or make a purchase? Are you trying to move your property quickly? If you’re involved in any leasing/purchasing real estate process it’s likely you’ve come across the term “dual representation.”
The best way to navigate the tricky landscape of a lease is to stay current on all the common phrases, clauses and definitions. You may have a general understanding of the terms, but it takes a professional to really navigate the ins and outs. Here are a few of the most common points you may...
When you find your new space, there are other expenses to consider besides rent. Here are a few items that you may want to incorporate in your budget.
TAG CEO Bill Himmelstein discusses the state of the CRE market and dispels some current myths, particularly around office space.
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...
Welcome to the topic “2024 Return-to-Office Trend Update: Looking forward to 2025 and Beyond“ As major employers across the U.S., including Amazon, JPMorgan, and Google, are now calling employees back to office spaces, questions around the future of work are becoming more pressing for employers, employees, real estate professionals, and office space owners alike. However,...