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Chicago Office Space Lease Negotiations

Understanding Blend & Extend Leases  Business owners who are searching for office space for rent have quite a few options available to them. Long-term leases, annual leases and month-to-month options are the most common types of leases. With that said, most leases are longer-term in the 3-7 year range, and they reflect the market conditions […]

Office Space Negotiations

Commercial office space lease terms can be lengthy, especially when compared with their residential counterparts. However, there always comes a time when a lease term is up and it’s time to either renew or look for a new office space in which to relocate. Landlords are often in a better place at this time since […]

Office Space Leasing Options In Schiller Park

Located in Cook County, the Village of Schiller Park has a population of close to 12,000. Residents as well as business owners settle in Schiller Park for many reasons including its convenient location, large number of shopping and dining establishments, recreational activities and overall welcoming environment. Business owners find that leasing commercial office space in […]

Office Space Lease Negotiations

>7 Key Points To Negotiating Your Office Lease  1.             Be Ready, Willing and Able to Walk Away The biggest mistake many tenants make is not developing legitimate alternatives to their first choice, whether a new space or a lease renewal.  If a landlord believes you’re not willing to switch to a different property, you lose […]

Leasing Office Space Guide: Ten Steps

It’s no secret that Chicago commercial real estate values have declined in the economic downturn. Landlords have suffered from increases in vacancy rates and tenant defaults. While this is bad news for landlords of office buildings, it’s good news for prospective office space tenants. Increased vacancies mean more office space rental options and increased defaults […]