Chicago’s downtown office market outpaces the ‘burbs
The Chicago metro area added 63,000 jobs between February 2018 and 2019, according to the U.S. Bureau of Labor Statistics—a 1.4 percent increase. As many…
Naperville
Teena Lorie Harris joins Farbman Group in Chicago market as property manager
Farbman Group, a full-service commercial real estate firm based in Southfield, Michigan, with offices throughout the Midwest, has named Teena Lorie Harris as property manager…
Midwest Industrial Funds completes 300,000 SF of new leases in Chicago metro
Midwest Industrial Funds recently leased 59,460 square feet within their newly developed, Class A spec building located at 1100 N. Raddant Road in Batavia, Illinois.…
Cushman & Wakefield represents seller on Naperville Crossings
Cushman & Wakefield closed on the sale of Naperville Crossings, a premier open-air retail center located in the affluent Chicago suburb of Naperville, Illinois. The…
Caton Commercial Real Estate Group hires three commercial brokers
Caton Commercial Real Estate Group has hired three commercial brokers to serve the needs of its growing team in the Chicago region. Rich Bowden and…
Demand hasn’t diminished for suburban Class A office space
Leasing activity in Chicago's suburbs slowed down in the first quarter of 2019. However, pockets of the market, including O'Hare and Oak Brook, remain tight,…
Higher Grounds Education purchases new location in Naperville
D.B.J Corporation has sold the former Alder School daycare facility located at 5051 Ace Lane in Naperville, Illinois to Higher Ground Education, based out of…
Beyond the mega-project: How smaller redevelopment projects are shaping the suburban office market
While some large corporations have bet on the benefits of moving their headquarters downtown, the revival of dozens of suburban office buildings is convincing many…
Brown Commercial Group completes over 17,000 SF in west suburban transactions
Brown Commercial Group has completed four leases and a sale transaction totaling 17,511 square feet in Chicago's western suburbs. Each transaction involved businesses expanding into…
Expanded and refurbished affordable senior housing project headed to Naperville
Evergreen Real Estate Group has announced plans to upgrade and expand Martin Avenue Apartments, a 122-unit affordable senior housing community in Naperville, Illinois. The $38.6…