Real Estate News: Retail Market, Chicagoland Area

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 [...]

Suburban Commercial Real Estate Rents Are Leveling Off

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 [...]

Suburban Chicago Medical Market Profile

Suburban Chicago Medical Market Profile By Andrew Davidson and Peter Westmeyer Even though demand for traditional suburban office space is still retreating in suburban Chicago, the medical office market is faring well due to a number of factors. A growing–yet aging–population, technological advances in medicine, a shift in spending habits and the relative inelasticity of the [...]

Single Tenant Net Leased Properties Still a Strong Market

Single Tenant Net Leased Properties Still a Strong Market Investors seeking a more stable platform for their money might want to consider the Single Tenant Net Leased arena.  This billion-dollar market consists of a broad range of investments from A+ credit, national retailers and industrial companies to lower rated lesser known tenants.  Tenants like Walgreens, CVS, FedEx, [...]

Can Sub-leasing an Office be a Good Idea?

 Can Sub-Leasing an Office Be a Good Idea?   The sublease market has been one of the few ‘growth’ opportunities in the office sector during the past few years. In most cases, the reason sublease office space becomes available has nothing to do with the real estate market. Most likely a company has decided to [...]