Avison Young

‘We all learned a lot’: Chicago-area capital market experts express optimism in 2024

Odd. Educational. Soft. Those are the words Matt Mulvihill, Vice Chairman of Industrial and Logistics at CBRE, used to describe the Chicago-area capital markets industry…

Subleasing activity continues to soar throughout Chicago industrial market

Tenants looking for industrial space to sublease in the Chicago market were in luck as 2023 ended: Avison Young reported that sublet availability across Chicago's…

Avison Young arranges new lease of mixed-use industrial property in Hanover Park

Avison Young has arranged a new 160,419-square-foot lease in an industrial building at 6450 Muirfield Drive in Hanover Park, Illinois, on behalf of the landlord,…

Inside Chicago’s evolving retail landscape, with Avison Young and Marcus & Millichap

In Downtown Chicago, the retail landscape is ever-changing. Of course, retailers face challenges, but opportunities exist to adapt to shifting consumer preferences and urban living.

Still sluggish: Twin Cities office market showing few signs of recovery

The Twin Cities' office market in the first quarter of 2023 continued to struggle thanks to rising interest rates, concerns about public safety and worries…

Signs of hope in a troubling landscape of bank failures and interest rate hikes?

What's more worrying to commercial real estate professionals? The Federal Reserve Board's latest hike of its benchmark interest rate or the failure of three large…

Avison Young adds principal and senior director in Chicago

Avison Young announced the addition of Michelle Osburn as principal and senior director to become the firm’s U.S. workplace consulting team leader, based in Chicago.…

Avison Young negotiates sale of multi-tenant 650,000-square-foot industrial building

Avison Young has negotiated the sale of a multi-tenant 35-acre land site at 4500 Kishwaukee Street in Rockford, Illinois, on behalf of HSA Commercial Real…

Demand still soaring for industrial space. But will rising rates scuttle new developments?

Demand for industrial product remains high throughout the Twin Cities market. The challenge? Rising interest rates are already scuttling several planned industrial developments, something that…

Avison Young expands agency leasing expertise in Chicago

Damla Gerhart, principal and managing director of the Avison Young's Chicago office announced the strategic hiring of Emily Marquardt as a vice president and agency…

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