More than 200 results for “spec”
Industrial N Illinois

Big box vacancy finally decreases, but I-80 keeps on building them

| Matt Baker

Over the past two years, big box speculative construction deliveries resulted in a steadily increasing vacancy rate, even while net absorption remained positive. But for the first time in that span, according to a Colliers International report looking at the first quarter of 2018, the big box vacancy rate in the Chicago metro decreased by 4…

Industrial N Illinois

A closer look at the I-55 Corridor

| Matt Baker

Chicago’s economic climate continued to trend upward throughout the first quarter of 2018, with unemployment down to 5.4 percent year-over-year, a 60-basis-points-drop. With this, the local commercial real estate engine continues to hum. And according to an Avison Young report, the I-55 Corridor is seeing a lot of that activity.

CRE N Illinois

SIOR Chicago chapter announces 16th annual chapter awards

The Chicago Chapter of the Society of Industrial and Office Realtors (SIOR) recently presented the 16th Annual Chapter Awards. The program is designed to honor the organization’s prestigious Platinum Sponsors and SIOR members who completed transactions within the Chicago Chapter or with a Platinum Sponsor.

Industrial N Illinois

Chicago industrial market grows in Colliers Q1 2018 report

| Matt Baker

Key submarkets in the Chicago industrial market continue to surge ahead. According to Colliers International’s research, the Chicago metro area as a whole had new leases and lease expansions of 6.9 million square of during the first quarter of 2018. The 4.5 million square feet of total net absorption is the strongest first quarter tally since 2016.

Office N Illinois

ARCO/Murray completes two coworking spaces in Chicago

ARCO/Murray recently completed two coworking office, event and work environments for Spaces, an Amsterdam-based company, in Chicago’s Fulton Market and Lincoln Park neighborhoods. The 32,000-square-foot Fulton Market facility is located at 159 N. Sangamon Street and the 24,000-square-foot Lincoln Park facility is located at 1500 N. Halsted Street.