More than 200 results for “net lease”
Industrial N Illinois

Northern segment of Chicago MSA sees variegated industrial activity

| Matt Baker

For the second quarter in a row, leasing velocity increased in Chicago’s overall industrial market, totaling 10.1 million square feet during the third quarter of 2018. According to a Research & Forecast Report by Colliers International, the northern submarkets had varying changes to absorption and vacancy, though mostly improved.

Retail Midwest

Ten-X report: Plenty of challenges facing retailers

| Dan Rafter

Need more evidence that retailers continue to face challenges from online competitors and the changing shopping habits of consumers? According to the U.S. Retail Market Outlook released Nov. 1 from Ten-X Commercial, retail net absorption across the country turned negative in the second quarter of 2018.

Net Lease N Illinois

B+E opens Chicago office, names Tim Hain as founding senior member

B+E, a tech-driven brokerage and trading platform for net lease real estate, announced the opening of its Chicago office and the hiring of Tim Hain as a director and founding senior member of the office. The B+E Chicago office will be located at 980 N. Michigan Avenue and joins existing offices in New York, San Francisco and Tampa, Florida.

Industrial N Illinois

RJW Transport continues rapid growth in Chicago market

JLL announced a 416,504-square-foot lease for RJW Transport at 50 Southcreek Parkway in Romeoville, Illinois, making this the largest new lease in the I-55 Corridor this year. The deal symbolizes what has been a monumental year for the logistics and warehouse provider. In 2018 alone, RJW has taken nearly 1.2 million square feet of new space…

Office N Illinois

TCS Education System relocates to Loop high-rise

Cushman & Wakefield was engaged by TCS Education System for a long-term lease signing and build-out at 203 N. LaSalle Street to advance the nonprofit’s strategic goals. TCS moved into its new headquarters on October 8, and occupies 28,544 square feet—approximately half of the 19th floor. They relocated from their previous 350 N. Orleans hea…

CRE O Indiana

Investors in Indianapolis? They're searching for yield

| Alex Cantu and Alex Davenport

As intermediaries in the sale of investment real estate between institutions, private equity fund managers, REITs, family offices and a multitude of other participants, we are faced with the daily challenge of identifying the correct investment opportunities for the correct investors and their capital sources. Our team constantly asks: “Wha…

Industrial N Illinois

Avison Young negotiates 90k SF industrial lease near O’Hare

Avison Young recently negotiated an 89,901-square-foot industrial lease at 1845 Tonne Road in Elk Grove Village, Illinois, illustrating the continued demand for well-located buildings in the O'Hare submarket. The new tenant, Cycle Logistics, a transportation and distribution company, is consolidating its warehouse and distribution space fro…

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…

Industrial N Illinois

Some improvement in the I-55 Corridor

| Matt Baker

The Chicago metro industrial market remained strong last quarter. The 8.6 million square feet of new leasing activity during Q2 is the highest quarterly total since 2015 and the plummeting vacancy rate, which was down by an 23 basis points to 6.4 percent, is the lowest rate recorded since 2001.