Is River North the New Silicon Valley

Silicon Valley has long been the home of the United States’ best programmers, startups, tech innovations, and more recently – bulletproof coffee. Is River North on that level? Well, not yet. But it is Chicago’s blossoming tech epicenter, and the potential for growth is absolutely enormous. The neighborhood has seen a tremendous uptick in tech business growth over the past …

Factors to Consider When Deciding to Buy or Lease a Commercial Property

What factors should you consider when deciding whether you should buy or lease a commercial property? The following factors, if relevant to your situation, may lead you to conclude that you should purchase, rather than lease, your commercial property: You want control of the property. Maybe you intend to make substantial additions or renovations to the property. Or you decide to change …

Top 5 Benefits of Leasing Office Space in Chicago

In recent years, modern tech combined with a new generation of urbanite young professionals has caused a revival in metropolitan centers across America. Companies looking to take advantage of this talent pool are flocking back into cities from the surrounding suburbs at an explosive rate. Chicago, having always been at the forefront of innovation and commerce, is in a great …

Five New Trends in Modern Office Design

Office design has transcended the traditional workspace. Modern layouts and new concepts have emerged as alternatives to the cubicle, creating more employee interaction and agile spaces. Today’s offices are designing an environment that sparks creativity, promotes productivity and enables collaboration and teamwork among their employees. More and more offices are transforming their workspace design around these five hot new trends. …

The Advantages of "Business Parks"

Office location is a critical component to a thriving business culture, with today’s employees seeking synergistic work flow more and more in their daily work sphere. Modern business is about fostering a culture of productivity, finding the balance between what we require in a job and the space in which we operate. The type of office environment can create a …

How to Choose an Office Space That Suits your Business.

Choosing the right commercial space for your office is one of the most important decisions you will make as a business owner. Research has indicated that the location and layout of your office space will have a direct impact on many aspects of your business, from employee productivity to the company’s brand image. In a survey by the American Society …

Explore Investments in Commercial Real Estate

Whether it’s commercial or residential, real estate investing can be a lucrative opportunity for the savvy investor. Most independent investors look to enter the real estate market through residential properties such as townhomes, single and multifamily homes. Although riskier, commercial real estate can yield larger gains on your investment with the potential to generate multiple income streams from a single …

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Setting the Stage: The benefits of staging commercial space

When leasing a commercial space, you want to market vacancies to the largest number of people to receive as many offers as possible. Staging is a technique where furnishings and accents are added to a vacant space to maximize its leasing potential. This technique has proven to increase the perceived value of a space, which attracts greater rental interest and …

The New Gold Coast is on Wacker Drive.

At least, that’s the case according to an article in the Chicago Tribune, which pegs Wacker Drive as the 17th most expensive street in the country on which to rent Class A office space. So, if you work in a building on Wacker, you just added one more item on your list of small things to be proud of. The …

The Inside Tips to Owning Commercial Real Estate

Investing in commercial real estate can be a very daunting task without the proper tips to follow. Keep in mind these few guidelines if you are looking to own commercial real estate, and you will receive worthwhile investment. The first tip is to brush up on your real estate lingo. There are several vocabulary words and acronyms used in the …