In the News

Submitted on May 19, 2020
If you are starting a business and leasing a commercial property, it is important to understand the difference between a residential lease and a commercial lease.
Read More about How Commercial Leases Differ from Residential Leases
Commercial leasing agent and prospective tenants
Submitted on April 7, 2020
You’ve found the perfect location for your business, and you may want to lease it fast before it’s gone. However, you should slow down a bit and take the time to consider the lease carefully. You and your business will have to live within the commercial lease requirements of the agreement for years to come, and the wrong conditions could be detrimental to your business. You need to negotiate for the terms that will help you succeed.
Read More about What to do Before Signing a Commercial Lease
Commercial lease law
Submitted on March 20, 2020
The two most common reasons for terminating a commercial lease early are when the business outgrows the space or when business is severely reduced or going out of business. In either case, breaking a commercial lease can have severe consequences that can make a lasting impact on your business.
Read More about Breaking up: How ending your lease before term can impact your business
Commercial For Lease sign
Submitted on February 6, 2020
There are seven major types of commercial leases you may run into when looking for commercial space. Understanding the types and their effect on the bottom line of your business is vital to getting the best deal for your business. Each lease type varies in which expenses you are responsible for and how the rent is calculated.
Read More about Types of Commercial Leases: Weighing the Pros & Cons
Construction in Chicago Illinois
Submitted on December 5, 2019
While some worry about a real estate glut, construction starts in Chicago remain strong. Demand for apartments and industrial space remain strong and developers are moving forward with a number of projects throughout the city and suburbs to support it.
Read More about Current Construction Activity & Trends in Chicago
Submitted on September 26, 2019
A good tenant can make all the difference for your commercial property. Likewise, the wrong tenant can turn your investment property into your worst nightmare and can impact your profit potential. It takes time and effort to find the right tenant, but the rewards are worth the effort. Here are a few things to consider when looking for the right tenant.
Read More about Finding the Right Tenant for your Commercial Property
Residential tenant relationship management
Submitted on June 10, 2019
In commercial and residential property management, maintaining a good relationship with your tenants is key to your success. As any commercial real estate owner can tell you, bringing in a new tenant is much more expensive than keeping a current one. The best way to ensure your existing tenants stay for the long term is by prioritizing tenant relationships above anything else.
Read More about Managing Tenant Relations to Increase Long-Term Occupancy
Former grocery store in prime retail location in Downers Grove
Submitted on January 8, 2019
Daniel Hyman recently brokered the purchase of a former Ultra Foods location in Downers Grove for $2.65 million. A stalking horse buyer was secured to purchase the 78,850 square foot store at 1212 75th Street through a bankruptcy court-ordered auction.
Read More about Daniel Hyman Brokers Purchase of Premium Grocery Store in Downers Grove
Submitted on December 18, 2018
Michael Mintz recently brokered the purchase of a triple net leased Walmart in California for $13.5 million. The 45,648 square foot building, located in Palm Desert, is in a Class A, luxury location with nine years remaining on the initial term. Millennium Properties represented ADF Capital, Ltd. in purchasing this asset, conducting a national search for a net lease investment with strong long-term fundamentals.
Read More about Michael Mintz Brokers Purchase of Net Leased Walmart for $13.5 Million
Lakeside Congregation Campus in Highland Park
Submitted on October 26, 2018
Daniel Hyman and Greg Block were named the exclusive listing agents for the sale of Lakeside Congregation's campus in Highland Park. This five acre campus is located jest east of Skokie Hwy. and across the street from the Chicago Botanic Garden.
Read More about Dan Hyman and Greg Block to Sell Lakeside Congregation Campus in Highland Park


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