219-864-0200

Latitude Commercial Services

Make An Appointment

What We Can Help You With

Property Management

Consulting

Landlord Representation

Receivership

U

Tenant Representation

Management Services

Investment Sales

Operations

Our Approach

Our professionals worldwide have significant expertise in both their areas of specialization and in their local markets. Together, we act and think as a team, strong with one purpose: to achieve our clients’ goals.

With a team approach, out-of-the-box thinking and innovative resources, we combine all of our talent, skills and tools to meet and exceed our clients’ expectations. Please select a specific Service or go to Expertise and select a Client type for multiple related services.

Expand Your Profitability

Latitude Commercial is a full service Commercial Real Estate brokerage firm specializing in Northwest Indiana and the South Chicago Suburbs. We provide superior services to our clients by providing solutions to their commercial real estate goals. Local tenants to National Developers have benefited from our expertise by consulting us with their various needs. We can help your business find time-saving, cost-effective, flexible solutions to meet all of your current and future commercial real estate objectives.

Have an Active Vision, Strategy, & Roadmap to Reach Your Goals

When you select Latitude Commercial as your representative you get our Chicagoland area expertise along with worldwide marketing and networking ability. We are part of the CCIM and ICSC Network which gives us the ability to network with over 60,000 members in 80 countries across the globe.

Whether you are a developer looking to dispose of your property, a tenant looking to expand your business, or an investor looking to purchase income property contact us today so we can get started on your assignment.

Our Expertise

Our Services
Property Management

With each unique client, we implement a strategy knowing that there are diverse investment goals for each real estate asset. Latitude’s team of professionals will develop and implement customized management strategies that incorporate aggressive property management, niche marketing and leasing, and proactive tenant retention efforts all with the end objective of accomplishing each clients’ investment goals. Latitude professionals offer each client a comprehensive understanding of their markets and the trends that affect them, along with the capability to quickly respond to ever-changing market conditions that could potentially impact an individual property or portfolio. We have a network of professionals to not only save you costs associated with the management, but also have the most competitive property management fees in the industry.Our Solutions are simple:

  • Tenant Retention – We know the importance of communicating with tenants with constant interaction to ensure they know what is going on and that all issues are being handled.
  • Vendor Services – We have created valuable relationships with vendors to make sure you get the best pricing utilizing our buying power with other buildings.
  • Quarterly Review of CAM Expenses – We evaluate Common Area Maintenance (CAM) expense quarterly and perform annual CAM reconciliations at the end of the year for proper invoicing.
  • Annual Budgets – Preparation of the annual budget ensures that your investment is on the right track and tenants are not surprised with a large bill at the end of the year.

We also provide:

  • 24/7 availability; after hours emergency services; live response from property manager
  • Weekly inspections
  • Analysis of tenant leases
  • Collection of tenant monies
  • Continual tenant and vendor interactions
  • Coordination of formal collection activities with owner (and legal on an as needed basis)
  • Annual property insurance review
  • Negotiation of lease renewals / expansions / assignments
  • Review service provider contracts
Landlord Representation
Latitude’s landlord representation serves the always fluctuating, complex marketing and asset management of entrepreneurial, institutional and corporate property owners. Whether you are looking to sell or lease your property we use a systematic approach to maximize the value and exposure to the market. Visit our Tenant/Buyer Locator for ideas on the active tenants and buyers in the marketplace.

1. Establish a market value – The most important part of selling or leasing your asset is to price the property appropriately. A property well above the competition does not compare favorably and an unreasonable asking price can discourage them from even considering a property.

2. Establishing a target market – We answer the Who, Where and How to maximize the clients’ value and minimize the time on the market. “Who” is your target market?  “Where” is the target market? “How” do we reach that target market?

3. Market the property – We utilize all the tools of the trade and have a few very unique aspects to our business. You may think everyone uses the same commercial database systems but not to our extent. Not only do we use as many of the traditional commercial databases as possible we also make sure the property is being marketed through non-traditional forms.

Some of our other marketing tools are:

  • Our website
  • Printed/Electronic Flyers
  • Email Campaigns
  • Open Houses
  • Industry Trade Events
  • Direct Mail

4. Negotiating the deal – We maximize our years of experience and market knowledge to negotiate the best deal with the least amount of risk possible. When it comes to analyzing the leasing of a property today’s lease has a ripple effect on your ability to sell the property tomorrow!

Tenant Representation

Whether it is purchasing your new land site or finding the right industrial building strategically located near your customer base you need a qualified representative on your side. Real estate transactions can be the largest line item for a company’s budget, and where you locate can impact productivity, efficiency, employee morale and your company’s image.

We can help by helping you determine whether to purchase or lease with financial modeling to support the case. This is determined by getting to know your company’s short- and long-term business objectives and your occupancy needs.

For all our clients who are looking for a new location, we walk you through the following basic steps:

  • Define the Requirement
  • Property Tours
  • Space Planning
  • RFP/LOI
  • Analyze Proposals
  • Negotiate Terms
  • Lease/Purchase Agreement Preparation/Review/Execution
  • Construct Property Improvements
  • Move-in

The process of evaluating the market and leases can be complex. Let us guide you down the path to make your new location a success.

Consulting

Business Incentives – Companies are often not aware they may be entitled to incentive funds for expansion and relocation. We help to identify, evaluate and negotiate cash grants, infrastructure improvements, tax reductions, low cost financing, job training and other financial incentives available to your business, while using our expertise to deliver optimal package solutions. Whether you are looking for Tax Increment Financing (TIF) to build your new facility, recovery tax credits to help rehabilitate it, or research and development credits to help grow it we are here to guide you down the path.

Broker’s Price Opinion (BPO’s) – This is the perfect approach for those looking for an analysis on a property without doing a full blown appraisal. A BPO is typically ordered when an appraisal is not needed or necessary. The cost for a BPO is much less and is typically much quicker than an appraisal. Someone may order a BPO for:

  • REO property (Real Estate Owned property)
  • Foreclosures
  • Short sale
  • An addition or a cross check to an appraisal
  • Due Diligence for Financial Institutions
  • A selling/purchase price for a portfolio of properties
  • Legal issues such as an estate evaluation, divorce proceedings & bankruptcy
  • Property Tax Appeals

Financing – Need help locating, comparing, and negotiating your loan from lenders? How about comparing or negotiating the loan with the Commercial Backed Securities Market (CMBS) to the local banker? Contact us and we will help locate the right financial partner to help finance your next project. We have access to local, national, and private lending options to help secure your next project. We act on your behalf to negotiate the best possible terms to operate or acquire your commercial real estate.

Investment Sales

For Commercial Real Estate investors looking to sell or buy investment properties, we offer comprehensive and research-driven transaction solutions. Our team of experts will help determine the right price to sell or purchase your next investment property. We assist investors in a variety of disciplines, including but not limited to, retail, office, industrial, multi-family, senior housing, hospitality and healthcare. Whether you are looking to do a 1031 like-kind exchange or simply capture your gains we work with institutional and private owners, operators and investors in the investment sales arena.

 

Acquisition

You may be looking to acquire an investment property for short, medium or long-term financial gain. We can identify the right opportunities in the market place, regardless of sector or location.

Disposition

If you are an owner, you may be looking to sell underperforming investments or simply to unload an asset to capitalize on your gains. We will advise you on the best strategies available to help you achieve a maximum financial return on your property or portfolio and minimize your risk.

How?

We can help you achieve your goals by giving you access to opportunities not known or seen by many brokerage firms. We provide you with a network of professionals we work with to locate the right property for you. We also provide you with a list of what buyers are looking to purchase in the market at our Tenant/Buyer Locator.

Office Services

From Chicago to North Central Indiana our team of office specialists follows the market and examines every opportunity. Our office property experts provide a full range of transaction expertise including single building and portfolio acquisitions, dispositions, leases, subleases, lease renewals, lease expansions, build-to-suits, sale/leasebacks, and tax-free exchanges.

Our clients range from institutions with multiple locations to local mom and pop businesses. Their needs are extremely diverse and our intent is to provide solutions that are focused on their business objectives and financial bottom line.

The process of evaluating the market and leases can be complex. Let us guide you down the path to make your new location a success.