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  • Welcome to the topic “Commercial Real Estate Trends in Chicago” The commercial real estate market is ever-changing, and the properties that yield the best results for owners, tenants and investors are those that adapt to trends as they emerge. Keeping tabs on current conditions and anticipating future needs is key to staying ahead of the...

  • Want to get your employees back to the office in 2022? Working in a dedicated office space has numerous benefits to the longevity and health of a business to include more productivity, more collaboration, more employee allegiance, faster learning curve, and more social enjoyment just to list a few. In this video, Bill Himmelstein shares...

  • Welcome to the Topic “The Massive Effect of E-commerce on Industrial Real Estate (Warehouse and Distribution centers)” Industrial warehouses and distribution centers have evolved substantially due to the boom in e-commerce and the growing inventory needs of e-commerce powerhouses like Amazon.  Traditionally, warehouses and distribution centers were built-in storage chambers for giant store-front retail corporations. ...

  • Commercial Real Estate Leasing Chicago
    Apr 15, 2022

    Commercial Real Estate Leases

    Welcome to the Topic “Commercial Real Estate Leases” Finding the correct office space for lease in Chicago is just as crucial as finding the right location if you’re looking to buy commercial property in Chicago. These lease agreements are more involved than a regular residential lease because they include items such as tenant improvements, operating expenses,...

  • Bill Himmelstein, Founder, CEO & Managing Broker of TAG, was featured in the publication – BACK OF HOUSE, an online resource providing insights and services that help restaurants win. In this article, Bill discusses the best strategies for negotiating ands re-negogiating favorable lease terms for commercial restaurant spaces. The best part about using the strategies...

  • On March 2nd, BILL HIMMELSTEIN of Tenant Advisory Group, along with GARY BREDEN of Insperity and Venture X Chicago – Oak Brook co-hosted a high level networking event at the co-working space of Venture X in Oak Brook. This incredible networking event was for Chicago’s highest producing business owners and C-suite executives. We were honored...

  • Passive Commercial Real Estate
    Mar 14, 2022

    Passive Commercial Real Estate

    Welcome to the Topic “Passive Commercial Real Estate“ The Advantages Of Passive Commercial Real Estate Investing in Chicago In Chicago, commercial real estate (CRE) offers several advantages that other investment vehicles, such as stocks and bonds, lack. As an investor, you will benefit from not only the property’s passive income and appreciation but also increased...

  • Types of Commercial Real Estate

  • This article explores the “Top Six Reasons Why Chicago Commercial Real Estate Is Attracting a More Diverse Investor Base“ Commercial real estate has a long history of being a profitable investment during both up and down market cycles, and it plays an important role in a diversification strategy for investors. CRE Chicago has a long...

  • Jan 31, 2022

    January 2022 CRE Market Update

    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.

  • Prior to beginning the search for new space, many of our clients are interested in understanding what exactly is involved in the process. Below is an outline of the key steps involved in finding new space for your business.  1. A tenant representative broker assembles a market survey of options that fit the Client’s criteria...

  • Networking is key for any sustainable and growing business. There is tremendous value in it and we know it works. Networking, to be clear, is not just going to an event or getting someone’s business card after an interesting conversation. It’s following up, having a one-on-one meeting, and diving deeper into how you can help someone...

  • In most negotiations, it is rare for someone to get what they want without having asked for it first. If a tenant asks for a particular term or concession during a lease negotiation, the tenant will undoubtedly gain more than they started with. Even if the tenant does not acquire exactly what they desired, often a...

  • Networking is vital for any sustainable and growing business. Here are a few key tips to follow to maximize your networking success.

  • Nov 30, 2021

    December 2021 CRE Market Update

  • Aug 20, 2021

    August CRE Market Update

  • 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!

  •   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

  • The parking lot and front view of a building at Crystal Lake
    Apr 21, 2020

    Medical Facility / Office Building For Sale

      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...

  •   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

  •   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

  •   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

  • Even with the changing landscape surrounding the new coronavirus disease (COVID-19), businesses still need to move. If you are in the middle of a corporate move, there are effective ways to continue your office space search while remaining healthy and safe. Here are some tips for those who are working with commercial real estate brokers...

  • Parking lot view of gas station with a 7 Eleven and QSR store in the background
    Feb 13, 2020

    QSR w/Drive-Thru Opportunity

      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

  • A person counting single dollar bills in hand
    Jan 25, 2020

    Negotiating A Higher Tenant Improvement Allowance

    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.

  • young multi ethnic office workers are in complete chaos
    Jan 07, 2020

    Overcrowding an Office is Bad for Business

    When building your office floor plan, it’s always better to have more room than not enough space. Packing people into an office lowers employee satisfaction and can lead to a counterproductive work environment, which may negate any money you save in rent. By offering your staff more free space and a comfortable office, not only...

  • 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...

  • 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.

  • Collection of logos for non-profit organizations
    Dec 09, 2019

    TAG Gives Back

    Thank you so much for supporting our business. It’s this support that allows us the opportunity to give back to the worthy causes below. Check them out to see all of the amazing work they do, and if you’re able to, consider donating or even volunteering. A little help goes a long way!  American Heart...

  • 30 N LaSalle Sublease composite picture of different office spaces
    Oct 16, 2019

    Loop Sublease – 30 N LaSalle

      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

  • Chicago is a city of industry, delicious food, diverse culture and taxes. If you don’t know by now, Chicago is facing another round of tax increases, especially on real estate. This may lead everyone in Chicago to think: How am I going to afford running a business here? Or even, Why should I keep my...

  • Tenant Advisory Group team together at an outing at Navy Pier
    Sep 13, 2019

    Yacht Networking With TAG

    We just wanted to take a moment to thank everyone who was able to attend our yacht outing! The weather held up and a great time was had by all. As mentioned when we first got on board, the purpose of these events is for the best people in my network to meet one another...

  •   Approximately 1.5 acres located at the corner of East Dundee and Wolf Road. Just minutes away from the new Wheeling Town Center which is currently under construction. The Wheeling Town Center is a $110 million dollar transit-oriented master-planned mixed-use development where it will be the “Center of it All.” This is a great location...

  • Every month, Tenant Advisory Group hosts an Executives Bruncheon to provide an opportunity for Chicago business leaders to build new, meaningful connections and discuss topics relevant to running a business. During June’s Executives Bruncheon, attendees were prompted with the question: ““What’s the biggest challenge you’ve overcome in your professional career?”” Here are a few of...

  • 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...

  • 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 May’s Executives Luncheon, attendees were prompted with two questions: “What’s the toughest part of running your business and how do you manage through it?”...

  • Every month, Tenant Advisory Group hosts an Executives Bruncheon to provide an opportunity for Chicago business leaders to build new, meaningful connections and discuss topics relevant to running a business. During May’s Executives Bruncheon, attendees were prompted with two questions: “What is the best thing that’s happened to you in the last few weeks both...

  • Voyage Chicago reached out to Bill Himmelstein to dive deep into the history of how Tenant Advisory Group began, and the foundation it was built upon.

  • Tenant Advisory Group’s own Bill Himmelstein Bill Himmelstein was invited on WGN Radio’s Startup Showcase to talk about TAG and the commercial real estate industry.

  • Ten years ago, Tenant Advisory Group was founded to bring value to clients and partners, regardless of the need for a real estate transaction. In addition to being a highly experienced commercial brokerage firm, TAG’s mission was to be high-level connector and supporter to those who crossed our path. The company accomplishes its client support...

  • We are excited to debut our newest affiliate architect, George DePalma of the DePalma Group. This partnership opens up new opportunities for our clients to take advantage of elite space planning, architectural services and interior designers. Tenant Advisory Group is able to provide a variety of new services to help your business thrive.

  • We are proud to announce our newest partnership with Dan Porcaro of PSM Partners. This exclusive partnership enables us to offer you premium phone and data brokerages services, as well as cloud services. Through this new affiliation, TAG will be able to provide even more services and solutions to help grow your business. Click here...


  • After finding the right office for your business, you’ll enter into the transaction process. This next step will consist of several important items: such as the lease negotiation, review and planning the buildout. Many of the opportunities that lie within the this phase rely on the success of your lease negotiation. If it’s handled properly,...

  • Scott Hansen of Success Hackers sat down to speak with Tenant Advisory Group’s owner, Bill Himmelstein, to discuss Bill’s success.

  • The Chicago Association of REALTORS has named Lisa Kalous as a 2016 Top Producer! Tenant Advisory Group is proud to work with such a talented and caring realtor. Congratulations, Lisa!

  • 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...

  • A simplified artistic representation of the Chicago skyline
    Dec 09, 2016

    Vacancy Rates will Ease in 2017

    The Chicago commercial real estate market is enjoying a 15-year low in its downtown vacancy rates, hitting 11.7 percent during the second quarter of 2016. This is the lowest Chicago has seen since 11.6 percent in 2001. The surge of businesses moving downtown has been a driving factor in reducing the vacancy rates and contributing...

  • A simplified artistic representation of the Chicago skyline
    Nov 03, 2016

    What’s in a Lease? Part 1.

    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...

  • It’s an exciting time in the Chicago tech scene, with new startups changing the entire face of our commercial real estate market. This infusion of creativity and drive is fantastic for our city, but is it really driving our overall economy forward? Reports say it’s not.

  • Lease office space on the second and/or third floors of a quiet building at 744 N. Wells. Located in River North, this opportunity also comes with access to VentureShot networking events.

  • 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.

  • 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 – “Commercial Real Estate: What I Know Now and Wish I...

  • 2 businessmen at a table shaking hands
    Feb 04, 2015

    Establishing Trust in Negotiation

    All businessmen and women know that a baseline of trust between parties is critical to the success of any negotiation. But within the course of business dealings, how do you build that trust? What active steps can you take to raise the chances of a positive outcome for both sides? Instead of simply hoping that...

  • 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.

  • A simplified artistic representation of the Chicago skyline
    Jul 15, 2014

    Top FAQs: #1

  • A simplified artistic representation of the Chicago skyline
    Jul 08, 2014

    Top FAQs: #2

  • A simplified artistic representation of the Chicago skyline
    Jul 01, 2014

    Top FAQs: #3

  • A simplified artistic representation of the Chicago skyline
    Jun 25, 2014

    Top FAQs: #4

  • So you finally found the space you were dreaming of. Now it is time to work out the details beyond the first year’s rent. Each particular aspect of the lease has its own importance and to ensure the security of the great new spot you are locking down, do not just skim over all the...

  • Jan 23, 2014

    Back-End Loading Your Next Negotiation

    Negotiation is an integral part of initially securing your lease. Imagine this: Your broker did a great job negotiating your lease. The space comes with all the amenities you could imagine AND you saved a great deal of money a few years prior when you signed. Your company loves this space, but this year has...

  • 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.

  • TENANT QUALIFICATION - Tag - Blog Header
    Dec 01, 2013

    Tenant Qualification

    As a tenant broker we are the proverbial parent and our clients, the tenants, are our children. We want to ensure that they’re safe, warm, and well protected with a strong roof over their heads and an even stronger lease. Just like a student applying to a college that will check their credentials and qualifications,...

  • Last week TAG had the privilege of attending the Office Max Roundtable event for business owners. Senior Vice President Steve Sunderland and Executive Vice President Kim Feil facilitated the panel discussion of what it’s like to run a business and how a large corporation such as theirs could connect with us. From there we were...

  • Where do you see yourself in five years? No matter how old we get, this question never becomes less annoying. Whether we’re interviewing for a new job or even thinking back to our post college days right before we landed our first job–no one wants to answer this question. Now, where do you see your...

  • rent abatement
    Jun 03, 2013

    TI, Abatement: What Does It Mean?

    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.

  • Apr 16, 2013

    The Value in Networking

    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.