Real Estate News: Retail Market, Chicagoland Area

Posted on January 26th, 2012 by admin

Retail Landlords Face Stagnant Economy, Demanding Tenants By Ryan Ori, from Crain’s Chicago Business, 4th Quarter 2011 Article (Crain’s) — Local retail leasing continues a gradual recovery, but landlords and brokers are braced for a long, gradual climb out of a tough economy. The Chicago area’s vacancy percentage fell for a sixth consecutive period in [...]

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Suburban Commercial Real Estate Rents Are Leveling Off

Posted on January 26th, 2012 by admin

Suburban Commercial Real Estate Rents Are Leveling Off Suburban Chicago commercial real estate prices are still declining amidst economic difficulties. Leasing trends, however, after a period of decline, remain relatively level. Data from LoopNet shows suburban sale asking prices dipping below 2006 levels near price levels of the turn of the century (2000); and the [...]

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