I am the President and CEO of a systems integration firm. We had been outgrowing our existing space and hired Bill Himmelstein through a recommendation we received. We understood he was a very aggressive broker in the Chicago market with a reputation for responsiveness and follow through. We were extremely pleased with the professional manner in which he carried himself throughout the process and appreciated that he was available to answer our emails or take our calls.
From start to finish in the negotiations for our new space, Bill was able to reduce the net rental rate from $19.00 down to $16.50. In addition, he was able to add 4 months of free rent, saving us over $28,000. In addition to the below market rental rate and free rent, Bill was able to secure a tenant improvement allowance of $25.00 psf, enabling us to build out our flagship space that we have always wanted and being able to attach our brand identity to our office space.
We feel this is a very favorable transaction for our firm and were very pleased to have Bill’s assistance. His insight and knowledge of both the market and the negotiating process kept us at ease and feeling well informed. We were confident with Bill spearheading our negotiations and have complete faith and trust in him as our broker going forward. We would gladly recommend him to anyone that occupies space and wants to either reduce their costs at their existing location or has a desire to relocate.
Tenant Advisory Group, LLC. is a licensed independent commercial real estate brokerage firm with an A+ BBB rating, focused on helping tenants and buyers get the most out of their business space. We partner with our clients, providing education and advice based on our in-depth knowledge and years of experience.