Commercial Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago,
Need help finding office tenants (Chicago)
Hello,
I have a office building located in Chicago. I am having a difficult time placing tenants in the building. I purchased it in 2012 empty with a ton of deferred maintenance. I did a major rehab to the building in hopes to attract new tenants. I currently only have about 15% occupancy and am bleeding money everyday just to keep the building afloat. I do not think it is a pricing issue but more of an exposure issue. The building is set back from the main road so needs to be a destination type of tenant. The location could be better but the population in this area is pretty dense and there are no similar buildings at this price point. I attached my craigslist ad. Any ideas are really appreciated especially from local Chicago investors. Main problem is I am in Ca and this building is in Chicago. thanks Adam
http://chicago.craigslist.org/chc/off/4706479442.html