January 27, 2012 When CBRE recently hired Paul Lundstedt to be its executive vice president, capital markets, it was a coup for the firm, according to Chris Connelly, CBRE’s executive managing director, particularly because there is a dearth of talent in the suburban office market. Read more...
January 26, 2012 In a move that impacts just about every major market in the Midwest, C-III Capital Partners has completed its acquisition of NAI Global. Read more...
January 25, 2012 Those U.S. consumers from the ages of 25 to 34 -- the Echo Boomers -- received more than their share of attention during the Financing and Investing panel of the Commercial Real Estate Forecast Conference held Jan. 24 by Illinois Real Estate Journal in downtown Chicago. Read more...
January 25, 2012 Is the love affair between U.S. consumers and their single-family homes coming to an end? For younger consumers, this seems to be the case. And for Sam Zell, real estate celebrity and chief executive officer of Chicago’s Equity Group Investments, this means one thing: The younger generation of consumers is pretty smart. Read more...
January 24, 2012 Terry Grapenthin and Joshua Hearne of Cawley Chicago Commercial Real Estate represented KTR Capital Partners on successfully leasing a 48,101-square-foot industrial unit at 605 Territorial Drive in Bolingbrook, bringing the property to 100 percent occupancy. Read more...
January 24, 2012 Duke Realty Corp.’s Chicago office has announced that it has renewed leases with two longtime customers in Meridian Business Campus in Aurora. Read more...
As the brunt of the recession fades from memory, small to mid-sized businesses are approaching the industrial market with renewed confidence. The result is a focus on long-term planning, which is prompting an uptick in activity and pushing vacancy rates downward. Read more...
Air cargo volume and the Midwest Manufacturing Index can be a useful tool in predicting future trends in Chicago's O'Hare industrial market. Read more...
The Chicago industrial market is desperately in search of equilibrium and consistency. Without it, many in the industry question when a significant and sustainable recovery will occur. Read more...