The decision to rent or buy a home is one in which most people approach with significant care. It’s no different when evaluating whether to buy or lease with regards to commercial property.
Coworking workspaces are becoming the new norm for up-and-coming businesses, offering the creature comforts of a big corporation – high-tech workstations, coffee supplies, conference rooms – at a price startups can afford. However, just because a coworking space seems to have it all doesn’t mean there isn’t room for negotiations or amendments to your lease.
Relocating your company to a new office space is an exciting time, full of endless possibilities. Such a large undertaking will of course create stress, but proper planning in advance will save you and your business time, money and hassle.
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.
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.
As rental rates continue to rise for commercial space in the near west side, companies moving to LaSalle Street and the Loop are reaping the benefits. The Loop has been experiencing a strong push in building upgrades, amenities and renovations thanks to the success of River North and River West. The end result is a...
Newly built-out spec suite available for sublease 30 N LaSalle, Suite 2630 3,915 SF Asking $34/SF Lease expiration 12/30/23 Available 30 days from sublease execution
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...
QSR w/Drive-Thru Opportunity – Immediate Occupancy/New Construction 2,045 Square Feet 737 Square Feet Shared Restrooms 7-Eleven Convenience Store Mobil Gas Station 11601 West Touhy Ave, Building 840
Prime Retail Space Available – 25-27 E Illinois 5,000 Square Feet Area Tenants: HUB 51, RPM Steakhouse, Shaw’s Crabhouse, Hotel Palomar, Star of Siam, Ruth’s Chris Steakhouse, Public House, LYFE Kitchen
Coworking & Office Space Available – Prime River North Location – 444 N Wabash 10,000 square feet 5,000 sf direct lease available $25.50/sf MG 2-60 person coworking spaces available Several options & configurations possible
Coworking & Office Space Available – Prime Loop Location – 9 W Washington 16,000 square feet Available for direct lease at $26.25/sf MG Coworking space for 3-40+ people Several options & configurations possible
For Sale – Office Building / Medical Facility – 1 S Virginia St/Route 14, Crystal Lake, IL Property Highlights Building Size: 4,500 sq. ft. Lot Size: +/- 26,000 sq. ft. Parking Spaces: 14 on site/4 on adjacent property Zoned: Office Parcel No.: 19-06226028 Taxes (2018): $17,256 Asking Price: $800,000 Built: 2004 Move-in ready – fully equipped...
A common question these days is “Will landlords give some relief in the form of free rent?” In general, landlords are willing to give some relief in the near term, but there may be some stipulations. TAG CEO Bill Himmelstein offers his insights.
When is the right time to sign that next lease and start looking for office space? If you’re ok signing up for a sublease you might have a lot of opportunities coming up. TAG CEO Bill Himmelstein offers his insight here.
How much is the market going to go down and how much rental reductions are we going to see? TAG CEO Bill Himmelstein advises keeping an eye on climbing vacancy rates and dropping rental rates, which may result in great opportunities for tenants in this coming market.
Building culture is hard with a remote-based workforce. To have a top business, you need to have a top culture – this is why TAG CEO Bill Himmelstein suggests a phased-in approach for recommitting to your office space.
New To Market – Loop Sublease Space – 35 W Wacker, Suite 800 11,054 square feet Available April 2021 LXP – 02/28/27 Mostly open floor plan Fully furnished Beautiful river views CLICK HERE FOR VIRTUAL TOUR
Are you wondering if you can get out of your current lease or perhaps pay a lower amount? According to TAG CEO Bill Himmelstein, landlords have been showing a willingness to accommodate tenant needs right now if you can be open, honest and communicate effectively.
Are you wondering when is good time to get into the market and find space? TAG CEO Bill Himmelstein advises to be patient and wait it out.
Loop Sublease Space – 227 W Monroe St, Suite 650 7,963 square feet Available Immediately Asking Rate: Negotiable LXP – 02/28/22 Click HERE for virtual tour!
As vacancy rates continue to rise and rental rates fall, it presents an opportune moment for tenants to take advantage of the current market.
TAG CEO Bill Himmelstein discusses the state of the CRE market and dispels some current myths, particularly around office space.
The current COVID-19 pandemic has greatly affected the commercial real estate market. Bill Himmelstein, founder and CEO of TAG, discusses some of the current market statistics and puts them into context.
Commercial real estate is typically a company’s second or third largest expense to payroll and materials. Yet, never in the twenty years that I have been a commercial real estate broker has space been on the mind of almost every single business owner and CEO. In the last 7 months, I have seen corporate leaders...
TENANT ADVISORY GROUP Bill Himmelstein | Founder CEO & Managing Broker With more than twenty years of experience, Bill has completed over $1B in CRE transactions in his career and was named by Crain’s as Chicago’s Top Commercial Real Estate Broker. COMMERCIAL REAL ESTATE IN THE COVID ERA The Importance of Office Space ● Ideas...
Bill Himmelstein, Founder of TAG, discusses what his commercial real estate clients are looking for and how this has been impacted by current events such as COVID and the election.
Fireside Chicago features Founder of Tenant Advisory Group (TAG) Bill Himmelstein. Bill shares how TAG leverages their relationships to get in front of the right people and shares his tips for connecting with others. A special thank you to Tim Schumm of Lucas James Talent Partners!
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!
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!
Minority Business Resources Webinar: Chicago MSDC and Chicago MBDA Business Center invited William Himmelstein to present what tenants can do about commercial leases during COVID-19. He discusses how to take advantage of current market conditions: the do’s and don’ts of approaching your landlord, obtaining free rent, restructuring a lease, terminating a lease, and what other...
In this webinar, industry leaders discuss their tips and suggestions for working with more challenging individuals. Bill Himmelstein, Founder of TAG, shares how he works with clients, landlords, and other people in the CRE business with more difficult personalities.
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.
In this webinar, hosted by Propellant Ventures, panelists discuss the future of work and the shift to working remotely. Bill Himmelstein, Founder of TAG, shares how business leaders’ commercial real estate needs have been impacted by this shift.
Preparing for an office move? Herein we include a list of items that you need to make sure to tackle prior to your relocation. Prepare an inventory of everything to be moved. Have movers come out to premises and do a walk through to determine relocation costs. Develop a basic idea of the scope of...