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The RENT blog gives you the resources and tools you need to make the best decisions regarding your real estate needs. We cover a broad range of subjects regarding office space, tenant needs and what to look for when investing in property.
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Chicagoland Office Market UpdateSocial distancing measures have resulted in a dramatic downshift in office leasing, sales, and development activity. Average office vacancy should temporarily increase by 1% due to lower demand and unfortunately timed development projects. That said, average vacancy in 2020 should remain under 13 percent for the year the seventh year in a...
Choosing the Right Office Space
When choosing the right office space for your business there are important considerations to initially address before you lease or purchase your property. In this first part, we outline a few of the important factors to consider.
Choosing the Right Rental Property and Creating a Lease
When choosing the best type of property to invest in, it’s best to know the demographics of where you choose to invest in.
Use Research to Inform Your Commerce Real Estate Negotiation Strategy
Arming yourself with as much knowledge about your needs, average market prices your wants and special accomodations you need for your office space before you meet with a representative goes a long way.
7 Cost Saving Tips When Leasing Office Space
Office space costs are usually a company’s second or third largest expense. Lowering office space costs will significantly impact a firm’s profitability. Below are seven cost saving tips for firms considering a relocation or lease renegotiation.
Rent is NOT the Only Factor to Consider in Your Site Selection
A commercial office lease is a complex financial structure, and there are many factors to consider in determining its true costs to the tenant. In addition to the base rent, tenants should consider many variables in their site selection.
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