Navigating the Industrial Real Estate Market
There is a lot of discussion from experienced industrial real estate brokers about the scarcity of industrial space. Nationally, the industrial space market continues to
Category: Economic Development
Corporate Site Location After the HQ2 Failure
After Amazon announced it will not build its headquarters in New York City, the real estate industry is buzzing with rumors of potential HQ2 sites.
Industrial Space Remains Scarce
With more than 240 million square feet of net absorption over five consecutive years, the U.S. industrial space market continues its busiest five year period ever.
Construction Labor Shortages Continue
Generally, US construction firms are optimistic about 2019. Forecasters project industrywide growth in the commercial, residential and industrial sectors. Still, a persistent labor shortage of
Predicting Growth in 2019
Despite some negative indicators, the Illinois commercial real estate office and industrial markets are poised for growth in 2019.
Investors Betting on Suburban Office Market
As the current workforce population ages and the real estate cycle matures, suburban office locations near major metropolitan areas offer great potential. In comparison to
New Options for Reverse Commuters
Modern Labor Force vs Traditional Commuting Patterns Since the 1950’s the public transportation model in Illinois focused on the traditional commute. Government and business adapted to a residential-focused
Suburban Office Vacancy Predictions
Despite low unemployment and a booming economy, economists forecast suburban office vacancy rates increasing this quarter. According to data from real estate broker Jones Lang
Continued Growth in the Suburban Office Market
Chicago Suburban Office and End to Doom and Gloom? There has been a lot of doom and gloom regarding suburban office space in Chicagoland. The
Lake County Partners Annual Meeting
Lake County Partners celebrated their economic development successes at their annual luncheon held at the Marriott Lincolnshire Resort on Monday, April 25th. Lake County Partners is a