Best Practices

Chicago’s Top Commercial Real Estate Broker, William Himmelstein, shares insights on what to expect when looking for office space in 2021 and offers tips on navigating the commercial real estate landscape.

While many businesses continue to extend their work-from-home policies as the pandemic wears on, many owners report plans to return to the office. Some business owners are looking to downsize their in-person workforce only to include partners and upper management, whereas others are looking to relocate their entire workforce, hopeful of finding new space at a reduced price point given the recent market fluctuations. Regardless of why, many business owners are interested to know what exactly is involved in searching for new space. Herein we review the most important steps involved in an office relocation, along with a few additional tips and tricks we think will help. 

Move the needle in your business by learning to prioritize tasks and schedule your week so you can manage your energy and hit your goals. 

When you’re running a business, productivity is key to success. Productivity is deeply connected to profit and impacts long-term performance and goals for the entire company.

With a limited number of employees, small businesses are particularly susceptible to the negative effects of low productivity. Low productivity can lead to project delays, missed deadlines, low morale, and engagement, directly impacting your profitability and preventing future growth.

Chicago’s Top Commercial Real Estate Broker, William Himmelstein, shares insights on how COVID-19 has impacted Commercial Real Estate, how to approach the current market, and how to plan for a safe return to the office.

Commercial real estate (CRE) is typically a company’s second largest expense to payroll or 3rd largest for manufacturers. Yet, never before in recent history has space been on the mind of almost every single business owner and CEO. As the CEO of Tenant Advisory Group with twenty+ years of experience as a commercial real estate broker, I have seen corporate leaders make many mistakes since March that have cost their companies significant dollars and negotiating leverage. In this article, I discuss the current and future CRE market and how to best position your company to buy low, sell high, and ensure you are getting the most out of your space while spending the least. I will also share insights into what other commercial space users are doing and planning for, the do’s and don’ts of approaching your landlord to garner free rent or a lease restructure, and how to safely return to the workspace. 

Work smarter, not harder. Follow these tips to increase your whole team’s productivity and morale while working remotely.

Amid the global pandemic, many companies shut down or decided to make the shift to fully remote work. And, if you’ve never worked from home, it can be challenging.

While working from home has its perks: no commute, more flexible schedule, no office distractions, it’s also rife with disadvantages that can lead to lost productivity and burnout.

As we all navigate this new normal, here are some tips and tricks you can implement right now to stay productive and lead your team while working from home:

As we continue to navigate the ongoing implications of the COVID-19 crisis, it’s important to continue having regular conversations about performance. This helps individuals and organizations remain productive and moving forward through this challenging time.

In the past few months, many employees have adopted new ways of working. Some companies continue to work from home, while others have learned to adapt to new policies and procedures in response to the pandemic.

Through this, you may be left wondering if you should give your employees an annual performance review this year. The answer is yes.