Insights
Welcome to the topic “The Power of Tenant Improvement Dollars and Rent Abatement: A Strategic Guide for Businesses and Real Estate Brokers“ In commercial leasing, understanding the power of tenant improvement dollars and rent abatement is like unlocking a hidden treasure chest for businesses. These financial incentives not only shape the physical layout of a...
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...
“¢ Understand Client’ requirements in terms of budget, location, type, size and quality of space.
When is the right time to negotiate your lease? NOW!
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...
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...
I recently came across a very interesting article regarding networking and the “golden rules” that comes with it. I would like to take this further by showing how TAG views networking and the benefits it has delivered.
“When is the right time to negotiate my lease,” is one of the most common questions when it comes to commercial real estate. The answer is simple: now! A company’s business should fuel its real estate needs, not the other way around. The real estate should support the business.
3 Articles to Read This Weekend Fed Survey: Bank Reports stronger Demand For CRE Loans The Federal Reserve reports that banks reported little change in their standards on commercial and industrial (C&I) loans in the third quarter of 2015. However, banks also indicated that they increased premiums charged on riskier loans for larger firms on...
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...
Here’s this week’s recommended reading: From Thanks To Action To Impact: Why, Why Not? Guest Post: Gavin Mogan. Uplifting messages light up the blogosphere during Thanksgiving week. I hope my contribution is uplifting, but my purpose is to challenge. Challenge sort of fuels you, the CRE Tech Maverick. Be thankful, +52. Gratitude as a platform....
Here’s this week’s recommended reading: Is CRE Looking at Mobile the Right Way? According to a Twitter poll by QuantumListings, 81% of the agents who responded said they don’t use mobile CRE apps at all. So the thinking is that there’s a big opportunity for developers to create CRE specific mobile apps…. via CREOutsider
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...
Organizing the layout of your new office space is about more than just configuring desks — this complex art is actually an important contributor to your overall company culture and happiness! You’ll need to consider important factors like gathering areas, noise level and relaxation stations. Here are a few key factors to keep in mind...
Site Selection magazine has listed Chicago as the best city for corporate investment for the fourth consecutive year. This comes as little surprise with the long list of large corporations that have been moving their headquarters into downtown Chicago. So, what makes this city such an attractive investment for businesses?
The commercial real estate market, as with all industries, is constantly evolving and shaping itself to stay current with the advancement of new technology available for business owners to gather information. This newfound wealth of public knowledge can be helpful, however attempting to charter these waters alone can prove costly. For a variety of reasons,...
A lot of tenants commonly ask, “What is TI and Abatement?” and it’s a good question. Tenants ask because a lot of landlords don’t typically offer it, so it’s unknown what it is. However, it is certainly available in every transaction.
Welcome to “Tips for Buying and Selling Commercial Real Estate in 2024“ The commercial real estate market in the US is finally coming out of the woods and showing positive trends as was predicted for the second half of 2024. The pandemic’s after-effects are dwindling to some extent, with the commercial real estate market predicted...
Real estate negotiating can either be an exciting or stressful process. If you are a broker you must have ice in your veins and know the people you are dealing with. Fortunately, if you are a third party, this allows you to be much more objective and take the emotions out of it. Viewing the...