Bring the local office market to you!
- Office Space Selection
- Transaction Advisory Services
- Property Acquisition & Disposition
- Lease Renewals and Restructuring
- Lease Contractions – “Right-Sizing”
- Sublease Services
- Corporate Relocations
- Location Comps and Comparative Lease Analysis
- Move vs Stay Analysis
- Analytical Tools for Decision Metrics
WHAT WE DO
I have decades of specialized expertise in office tenant representation in Chicago and the most sophisticated proprietary tools for site selection and financial analysis. A seasoned real estate professional who takes the time to get to know each client’s goals and objectives to negotiate (or renegotiate or for renewal).
WHO WE SERVE
Help you to “right-size” your space needs. Of over 3,000 tenants in our downtown survey, the average tenant is 16,292 Sq. Ft. with a median of 7,905. Taking off the many tenants under 2,500 Sq. Ft. and the fewer over 50,000 the average is 15,305 Sq. Ft. with a median of 11,818 Sq. Ft. Average tenants have 56 employees with a median of 40. chicagoofficebroker.com serves all sizes of tenants over 2,500 Sq. Ft.
WE ARE EXPERTS
We have decades of specialized expertise in office tenant representation in the Chicago metropolitan area. Our seasoned real estate professionals take the time to get to know each of our client’s goals and objectives and then facilitate the sourcing, negotiating and/or renegotiating, and evaluate the best options for the client’s business objectives. Landlords are in the office real estate game and definitely have an upper hand when it comes to negotiating with clients who do not have their own expert on their side.
WE DON’T CHARGE OUR OFFICE TENANT CLIENTS
EVEN THOUGH WE ARE WORKING FOR THE TENANT, OUR FEES ARE PAID ENTIRELY BY THE LANDLORD. Landlords have the upper hand when it comes to negotiating with tenants who do not have their own experts on their side. Did you know that a lease renewal is one of your landlord’s most profitable transactions? It’s also a big pay day for the landlord agent because he/she won’t have to split the fees with a tenant agent. You don’t have to pay for our brokerage services. The landlord does pay a commission, whether it’s split with us or not. The commission is typically “baked in” to the deal. We create leverage for our clients in negotiation by getting multiple properties to compete for your business (even if you ultimately decide to stay put). We know the market and know which buildings and ownership groups to bring you to based on your unique needs and goals, which creates negotiating leverage with building and owners’ insight.
WE CAN DO WHAT ATTORNEYS DO NOT
An attorney is going to be very helpful in negotiating the fine print and particular language of the lease, but typically most attorneys are not attuned to the business terms, specific concessions, and incentives that savvy tenant brokers are getting for their clients. We work with your counsel to ensure you are getting the best deal in the lease. When the other side is represented by an attorney then attorneys most often deal between attorneys. We can deal with both. By being your advocate, we can keep the emotions between landlord and tenant at a minimum and act as the needed buffer to make sure the lease negotiations go well but don’t interfere with the potential long term relationship between tenants and landlords. Like your attorney, we represent only the tenant’s side of the transaction and have a fiduciary responsibility. This means that we can work with your attorney and bound by the laws of Agency including confidentiality. We can work with your or any landlord and put your interests first, avoiding all conflicts of interest while maintaining a clear focus on your unique business, needs and objectives. We can work for you anonymously to keep your business and prospects confidential until you want to be revealed.
YOUR OFFICE IS NOT JUST SPACE
We understand that your office space becomes an extension of your culture. It is your calling card, and in many ways it is paramount to how your customers, employees, and competitors view your business. It’s a place that you can leverage to recruit your ideal work force and keep them happy. Today’s tenants want space and amenities like food service, great public transportation, fitness, and conference centers. Social distancing and cleaning will also be a new challenge in space planning and negotiating every aspect of your lease.
YOU DON’T KNOW WHAT YOU DON’T KNOW
We also know that “you don’t know what you don’t know” and having an expert in your corner to point out the details, clarify the ambiguities, run the numbers and guide you through the process to avoid pitfalls is of tremendous benefit to any tenant. Our strategy of first understanding your needs and then finding leverage in the marketplace has saved our clients millions of dollars and makes more with the best solution.
WE REPRESENT YOU – EXCLUSIVELY
Unlike the landlord’s leasing agent, who is working to get the landlord the best deal, we represent the tenant’s side of the transaction and have a fiduciary responsibility to put our client’s interests first, avoiding all conflicts of interest while maintaining a clear focus on our client’s needs and objectives. Don’t give the landlord the upper hand in your next lease negotiation. Talk to one of our tenant agents long before you sign your next lease, and experience what it’s like to work with a seasoned tenant agent with your best interests represented.
Don’t waste your valuable time searching the internet for out of date information, calling random landlord agents or driving around fruitlessly calling on buildings that don’t have the right space to fit your needs. We know the market and know which buildings and ownership groups to bring you to based on your unique needs and goals.