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Thought Leadership

What does it mean for Chicago when a building like the Hancock loses its iconic name?

What does it mean for Chicago when a building like the Hancock loses its iconic name?

By Howard Ecker I’m sure you read or heard a few weeks back that the John Hancock Center’s naming rights will soon be up for sale. The namesake insurance company, which built the 100-story, 1,128-foot skyscraper nearly 50 years ago, asked to have its name and logos removed, much like they did from the 62-story John Hancock Tower in Boston…

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Office flexibility — now even with larger global companies like IBM — is starting to trump corporate identity and risk

Office flexibility — now even with larger global companies like IBM — is starting to trump corporate identity and risk

By Howard Ecker According to a recent study I read about, leasing out flexible or co-working office space can be as much as 50 percent more profitable than leasing it out the more traditional way to a single tenant on a longer lease. But the same analysts that arrived at this statistic were quick to suggest that real estate companies…

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Tech, creative and media industries should remain interested in more than “trophy space”

Tech, creative and media industries should remain interested in more than “trophy space”

By Howard Ecker Yes, it’s true. Tenants from the tech, creative and media industries leased more than 8.5 million square feet in “trophy buildings” across the country in 2017. That’s an increase of seven percent over the year prior. Examples: Spotify snagged a 378,000 square-foot lease in 4 World Trade Center in New York, and Facebook signed a 436,000 square-foot…

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Even commercial real estate is falling victim to “fake news” these days

Even commercial real estate is falling victim to “fake news” these days

  By Howard Ecker Since our most recent election, fake news is, well, all over the news. It seems that everyone has their own perception about what constitutes “fake news.” Sometimes, I think fake news is anything that we really don’t want to know about or goes against our core beliefs. No matter your definition, the phrase is, at best,…

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

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 best bid, win. Imagine being…

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

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 will the decision obviously create…

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SWNE

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 to make the same mistakes…

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Howard Ecker Shares FASB Expertise with Forbes

I was recently interviewed by Forbes regarding the impact the new Financial Accounting Standards Board (FASB) guidelines is set to have on company balance sheets. Referring to the new FASB guidelines as “the biggest change to hit business owners in decades,” author Brian Rashid examines the financial impact they will have on any business owner that rents space. He also…

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