IllinoisIndustrial Chicago’s spec industrial market strong in the first quarter; second quarter brings unknown Matt Baker April 6, 2020 It may seem as if spec industrial properties have been going up in the Chicago market with reckless abandon. But in fact—especially over the past three years—this breakneck rate of development has barely been able…
MichiganOffice Newmark Knight Frank report: Detroit’s CBD started 2020 as office hotspot … but what happens next? Dan Rafter April 6, 2020 The office vacancy rate rose 20 basis points in Detroit during the first quarter of 2020 to hit 15.1 percent, according to the latest research from Newmark Knight Frank.
IllinoisFinance Walkin’ around money: Finding financing during an era of shelter in place There was SARS starting in 2002, H1N1 in 2009 and Ebola in 2014. Though these outbreaks all landed on U.S. shores to one degree or…
MinnesotaMultifamily Forward thinking: NAI Legacy’s Opportunity Zone fund off to strong start in 2020 Call it planning ahead. But when the Tax Cuts and Jobs Act of 2017 unveiled the Opportunity Zone program, officials with Minneapolis' NAI Legacy saw…
MidwestMinnesotaCRE Doing business in the new normal: CRE pros adjusting to life during COVID-19 As governors across the country continue to issue shelter-in-place orders, the commercial real estate industry is shifting to work-from-home mode. Brokers and developers are setting…
IllinoisLegal Commercial leasing and COVID-19: An exploration of force majeure doctrine in the context of a public health crisis Nida Shakir Ghaffar As the COVID-19 pandemic continues to spread, there is a growing anxiety among commercial tenants and landlords as they assess the ability…
MichiganIndustrial Newmark report: Detroit’s industrial market was soaring — before the COVID-19 pandemic The Detroit industrial market was strong as 2020 kicks off. The big question? Is it strong enough to hold steady as the country battles the…
IllinoisSponsored Cicero’s Development Corp. designated an essential infrastructure service provider during COVID-19 crisis in Illinois
IllinoisMultifamily Essex Realty Group brokers sale of two suburban apartment buildings totaling $4.9 million