All Forum Posts by: Adam L.

Hello,

I have an Office building located in Chicago. The building is only about 5% occupied. Does anyone have a referral for a good leasing agent in the Chicago area. thanks Adam

My brother asked me a question regarding transferring a property from an LLC to his personal name. I know you normally just quit claim the deed. The problem is he closed the LLC that holds the title 5 years ago. The property is a empty lot in LA County. Can you transfer title from a closed LLC? thanks for your time Adam

My brother asked me a question regarding transferring a property from an LLC to his personal name. I know you normally just quit claim the deed. The problem is he closed the LLC that holds the title 5 years ago. The property is a empty lot in LA County. Can you transfer title from a closed LLC? thanks for your time Adam

Hello,
I own a 5 story office building in Chicago and am having a difficult time leasing it out. I purchased the building about a year ago 100% vacant and proceeded to throw about $750,000 into remodeling mostly the common areas. Building is about 50,000 rentable square feet. I currently have it about 90% vacant. The building was 100% occupied with tenants like the IRS, Sate Farm and other national company's that needed office space from 2002-2007. Seems like the building started to lose tenants after 2007 and went into foreclosure in 2009 with only 50% occupancy. I need some advice on how I can market this particular property to prospective tenants. I have it listed on the usual LoopNet, costar and craigslist. The building is not located in the greatest area of Chicago which seems to be the major hindrance so far. The building is located 3 miles from Midway airport on the Southwest side of Chicago. Any advice would be extremely appreciated. I have the building professionally managed but looking for ideas I can do on my own to get prospective tenants. thanks Adam

I have an office buiding built in 1975. The ground/floor lobby is 10,000 SQFT. I want to remodel the ground floor including mens/womens restrooms. Looking for any referrals for a contractor. Needs to be lisenced and everything like that. Not looking to do a cheap remodel but something very nice. Not looking for the cheapest contractor but honest/reliable and knows what they are doing. thanks Adam