More than 200 results for “Value City”
Retail N Illinois

Empty storefronts pose unique retail opportunities

| Matt Baker

Over 2,500 storefronts closed during the first half of this year, with another 500+ retail locations expected to follow suit before the year is out. But all is not lost. According to a new retail outlook research report by JLL, these store closures present an opportunity for new retail and new uses, whether those vacancies are in strip mall…

Hospitality N Illinois

The St. Clair Hotel officially opens in downtown Chicago

The St. Clair Hotel is set to open in downtown Chicago at 162 E. Ontario Street, just one block from Michigan Avenue. The first property in The Red Collection, Red Roof’s first soft-brand, the hotel is designed to give guests an authentic upper-midscale experience at a value price. A restaurant is scheduled to open on the premises in the fu…

CRE N Illinois

CRE Future Leaders: Anthony Mulé

As part of our series, CRE Future Leaders, we caught up with Anthony Mulé, director of real estate analysis at Valbridge Property Advisors. Mulé has more than 10 years of experience in the commercial real estate industry, primarily focusing on commercial valuation and consulting. He joined Valbridge in the Fall of 2017.

CRE V Michigan

Detroit on the rise: The return of the Renaissance City

| Steven Siegel

On June 18, hundreds gathered around the Michigan Central Depot, Detroit’s 500,000-square-foot decrepit former central train station. The building has served as a symbol of the city’s various ailments wrapped up in one gigantic piece of real estate: globalization, lack of opportunities, civic mismanagement. Yet, this time the crowd was not …

CRE Midwest

The best secondary market in the Midwest for investors? It might be Nashville

| Dan Rafter

It’s increasingly difficult for commercial real estate investors to earn strong returns in big cities such as New York, Los Angeles and San Francisco. That’s because commercial real estate values in these markets have hit all-time highs while cap rates are as tight as they’ve ever been. Because of that, investors are increasingly turning to…

CRE N Illinois

Mixed sentiment for Chicago real estate markets

Chicago real estate professionals universally agree that the commercial real estate markets have been consistently strong through the first half of 2018. However, according to a Mid-Year Chicago CRE Market Survey conducted by The Real Estate Center at DePaul University (The Real Estate Center), there is far less agreement on the outlook for…

CRE N Illinois

Five transformations shaping airports of the future

| Will Jenkinson

Many of our first and last impressions of a given place occur at the airport. We often experience the local foods, interact with workers and perceive how the regional community values design and technology. A positive experience can go a long way. Here are five transformations influencing the future of airports across the globe, ultimately …

CRE N Illinois

Six commercial real estate myths debunked

| Matt Baker

Commercial real estate is a complex industry, but there are still some basic rules and trends that guide how it operates. But what if those presumptions are incorrect or exaggerated—built on kernels of truth but with enough anomalies as to throw these “rules” into doubt?

CRE N Illinois

CRE Future Leaders: Adam Southard

| Matt Baker

As part of our series, CRE Future Leaders, we caught up with Adam Southard, managing director at Savills Studley’s Chicago office. With seven years of Wall Street banking and financial services experience, Southard offers expertise in corporate finance, accounting, public company reporting, and CRE financing.

CRE N Illinois

CRE Future Leaders: Jeff Lizzo

| Matt Baker

As part of our series, CRE Future Leaders, we caught up with Jeff Lizzo, vice president of brokerage for STREAM Capital Partner's Chicago office. Lizzo works with private and institutional owners of net leased real estate and corporate owners who want to unlock value from their real estate via sale leaseback transactions.