Suburban Office Space

Suburban Chicago Office Space: Tenant Improvements

Suburban Office Space

Chicago suburb business owners who are looking for that ideal office space often find what they are looking for in an office setting. However, there are certain times when the suburban Chicago office space may not be exactly what the office space tenant needs in a commercial office.  Fortunately, landlords will usually allow specific tenant improvements to take place so that the office tenant is 100% satisfied with the office space end result. Here is what to expect in tenant improvements in the suburban office space:

Landlords May Not Allow Every Desired Tenant Improvement

When you want to add certain amenities and additions to a leased office space in the Chicago suburbs, you may know exactly what you want. Keep in mind, however, that your landlord may not allow every type of tenant improvement in their premises. After all, the landlord still owns the building and you are simply leasing it for awhile. Therefore, it is reasonable that there will be certain tenant improvements which won’t be allowed. Make sure that you thoroughly discuss these tenant improvements with your landlord and have the results of the conversation in writing so that there is no miscommunication along the way.

Tenant Improvements Can Be Pricey

Depending on what type of Chicago suburban office space tenant improvements you wish to complete, the end result can be costly.  You should decide upfront what type of improvements you want to make and be sure that you will be able to afford the tenant improvements. Some landlords will pay for tenant improvements while others will allow such improvements but have the cost be the responsibility of the tenant alone.

Certain Leases Will Accommodate for Tenant Improvements

For the lucky suburban Chicago office space tenants, there may be a clause within the office space lease which states that the landlord will pay for certain tenant improvements. This will allow the tenant to get what they want out of the office space and not have to pay the cost for doing so. A good tenant representative will be able to negotiate with the landlord and have them add this desirable clause into the final lease.

Pre-Existing Condition Clauses May Exist

For those office tenants in the Chicago suburbs who complete tenant improvements, they may need to ultimately return the leased premises to its pre-existing condition once their lease is up. These pre-existing condition clauses in the lease safeguard the landlord and ensure that the property will look exactly as it did prior to the tenant improvements. This is always something which the tenant must consider before making big changes to the leased premises since returning the structure to its prior state may be costly in the end.

Tenant improvement clauses are beneficial for Chicago suburb office tenants who want to make changes to the property. The tenant should see if the landlord will pay for such changes and whether they will have to return the property to its former state once their lease term is up. All of these things should be clearly outlined in the lease for the benefit of all parties involved in the leasing agreement.

Suburban Office Markets

Chicago Suburban Office Markets

Suburban Office Markets

The Chicago area is prime real estate for commercial businesses of all varieties.  From restaurants to salons to insurance agencies, there is something for all businesses to enjoy when it comes to leasing real estate in this locale.  The Chicago suburban office markets are also high in demand as this location offers a close proximity to the city of Chicago while keeping the business out of the center of the city.  Chicago suburban office markets are readily available and no matter what type of business you own, you are sure to find the ideal Chicago suburban office space for lease in one of the following prime locations.

North Suburban

The North Suburban area of Chicago is a location which includes towns such as Prospect Heights, Des Plaines and Mount Prospect.  In all of these towns you will find excellent accommodations, dining options and, of course, a wide array of businesses.  Prospect Heights has popular destinations such as the Prospect Heights Park District and the Rob Roy Golf Course.  Those with businesses in Mount Prospect will have neighbors like the River Trails Park District and the Northwest Symphony Orchestra.  If opening up a business or relocating your company to Des Plaines, there are plenty of restaurants such as Cuzzin’s Restaurant and Taco Village nearby including other area businesses including medical offices, legal offices, architects, retail shops and more.

O’Hare

The O’Hare suburban area has a few different towns within it including Elk Grove Village, Northlake, Schiller Park, Bensenville, Rosemont and Franklin Park.  These towns surround the Chicago O’Hare Airport and provide residents and business owners with a taste of the city outside of the city limits.  Various offices as well as industrial complexes intermingle with smaller companies in the O’Hare suburban area.  Residential housing mixes in with the commercial buildings making for a diverse suburban Chicago locale which draws in business owners as well as customers from the surrounding areas.

Northwest Suburban

Business owners and company officials searching for ideal Chicago suburban office markets often find themselves headed to the Northwest suburban region of Chicago.  Towns including Schaumburg, Buffalo Grove and Arlington Heights comprise the Northwest suburban Chicago area and offer a variety of residential and commercial options.  The intermingling of residential and commercial buildings offer a place for business owners to open up shop as well as plenty of customers to utilize the various business offerings.

East-West Corridor

The East-West Corridor of Chicago is continually being developed and offers many different commercial office space leasing options to choose from, no matter what your business genre may be.  This suburban locale is attractive for many reasons, one being the close proximity to Chicago.  Business owners can open up their business doors in a suburban locale such as the East-West Corridor but have easy access to and from the city.  This means that not only can your employees get to you with ease but so can your customers as well.  Restaurants, retail shops, sole practitioners and large corporations all call the East-West Corridor their commercial home.

Leasing office space in any of the aforementioned Chicago suburban office markets is a smart move.  These locations provide you with easy access to Chicago but a suburban feel which is perfect for businesses of all sizes and varieties.