What Office Lease Concessions Will a Chicago Landlord Give?
Chicago-area office landlords typically concede free rent, an improvement allowance, and better lease terms. Competitive tenants achieve about 1 to 2 months of free rent per year of term, or 5 to 8 months on a 5-year lease, when they start early and have a real alternative.
How Should a Hybrid Company Right-Size Its Office Before Renewal?
A hybrid company should size its next office to its busiest in-office day, plan for modest growth, and negotiate the smaller footprint 12 to 18 months before the lease expires, while a move is still a credible option.
How Much Does a Tenant Rep Broker Cost in Chicago?
For office tenants in Chicago and the suburbs, a tenant rep broker costs nothing out of pocket. The landlord budgets the brokerage commission into the lease and pays it at signing, whether or not the tenant has its own representative.
Early Lease Renewal: How a Schaumburg Tenant Cut Rent 18% Two Years Before Expiration
An 8,000 RSF Schaumburg office tenant used a blend-and-extend to cut net rent 18% two years before its lease expired, plus more than $140,000 in rent abatement and construction allowance.
Fulton Market Office Space for Lease: 2026 Costs, Buildings and Rents
Fulton Market office vacancy is 15.4% across about 12.7 million SF, the lowest in the Chicago CBD. Class A asks $58–$66/SF gross and Class B $32–$38/SF. Tenants are getting about 1 month of free rent per lease year and $6 to $8/SF of improvement allowance per lease year ($60 to $80/SF on a 10-year lease).
Willowbrook, IL Office Space for Lease: 2026 Costs, Buildings and Rents
Data as of October 2026 | Last updated October 17, 2026 Willowbrook office vacancy is 15.5% across the 8 multi-tenant buildings Tenant Advisors tracks, the lowest of the 12 East-West Corridor cities. Class B asks about $19–$22/SF gross; the limited Class A-quality space runs about $24–$27/SF. Net absorption was a modest +3,000 SF over the […]
Chicago Office Lease Renewal: How to Create Leverage Without Moving
The best renewal deals go to tenants whose landlord believes they could leave. When Chicago-area office tenants should start, how to build real leverage, what to negotiate, and how to compare renewing against relocating.
Dual Agency in Illinois: What Office Tenants Need to Know
Dual agency is legal in Illinois only with the informed written consent of both landlord and tenant, and the state’s own required disclosure calls it a conflict of interest. Here is what office tenants should know before signing.
Questions to Ask a Tenant Rep Broker Before Hiring One
Before hiring a tenant rep broker, ask whether they ever represent landlords, who pays them, how many leases they’ve negotiated in your submarket, and who will actually do the work.
Who Can Help Me Find Office Space or Negotiate My Lease in Chicago?
A tenant rep broker can find your office space and negotiate the lease, and the landlord pays the commission. Who does what, what it costs, when to start, and where to look across Chicago and the suburbs.