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The bidding war: I’m ready to change the way we think about the real estate leasing business

  By Howard Ecker I’d like to change the game. Change how tenants and how brokers think about the real estate leasing business. Actually, how the world thinks about the real estate leasing business. My plan? I’d like to propose a bidding process for potential clients, and then let the best person, combined with the [...]

Wherever Amazon ends up, it can — and should — make a difference in the community it chooses

By Howard Ecker With all the excitement and speculation surrounding which city Amazon will choose for its second headquarters, I really have to pause to think of all the ramifications, both good and bad, that will result from the decision. The good part is, it will create more jobs than anyone can anticipate. Not only [...]

Hugh Hefner’s positive influence on Chicago real estate should not be forgotten

By Howard Ecker As I read about the death of Hugh Hefner a few weeks ago, what came to mind was the effect that Playboy had on the city of Chicago and the iconic real estate that Playboy created — and what has happened to that real estate since. Recently, I relocated a tenant out [...]

SWNE

4 or 5 years ago, I began an effort to re-brand our company. To make a long story short, I came up with the phrase “seeing with new eyes”. It was my opinion that the commercial real estate market was changing dramatically, and unless we looked at things in a “different way” we would continue [...]

Why CFOs Can No Longer Afford To Delegate Their Office Lease

While CFOs may understand the basics surrounding the new Financial Accounting Standards Board (FASB) standards, they may not be aware of the many ways FASB could actually disrupt their business. Under the new rules, any lease over 12 months must now be recorded on the balance sheet as both an asset and liability by the [...]

Why CFOs Can No Longer Afford To Delegate Their Office Lease

While CFOs may understand the basics surrounding the new Financial Accounting Standards Board (FASB) standards, they may not be aware of the many ways FASB could actually disrupt their business. Under the new rules, any lease over 12 months must now be recorded on the balance sheet as both an asset and liability by the [...]

The Disconnect Between Tech & Commercial Real Estate

There seems to be a huge disconnect between the slow moving industry that is Commercial Real Estate and the extremely fast paced world of Tech. I have been seeing a lot of Tech clients lately who come to me with a need for office space.  Usually, they want to move within 1-2 months, but unfortunately, [...]