Fourth Quarter 2014 Chicago Downtown Office Market Report
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Chicago Downtown Office Market Report 4Q’14
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Chicago Downtown Office Market Report 4Q’14
Tom’s Recommended Reading for the Week Commercial Mortgage-Backed Securities Make Comeback – A hunt for yield and a gradually improving property market are bolstering a key engine of U.S. commercial property lending, helping borrowers to refinance but also reigniting fears the market is getting overheated. In all, lenders made $94 billion in loans bundled together and sold off … Read more
Tom’s Recommended Reading for the Week Office Market Sees Tepid Recovery – U.S. companies are adding employees at the fastest rate in years. But those workers aren’t filling up office buildings like they used to. While the labor force finally has pushed past its prerecession peak, readings on office-space usage have barely budged. The vacancy rate stood at 16.7% … Read more
Tom’s Recommended Reading for the Week Check out the top Chicago commercial real estate news before heading into the weekend! Cadence Health moving 170 jobs to Cantera in Warrenville – Cadence Health signed a nearly 55,000-square-foot lease in a west suburban office park to bring administrative staff closer to two of its cancer treatment centers. The Winfield-based health … Read more
Tom’s Recommended Reading for the Week Check out the top Chicago commercial real estate news before heading into the weekend! Chicago area’s bad real estate debt drops to lowest level since 2008 – Bankers who get paid to fix broken real estate loans may soon need to find a new line of work. The delinquency rate for bank … Read more
Tom’s Recommended Reading for the Week Check out the top Chicago commercial real estate news before heading into the weekend! Apollo buys Kemper Lakes office complex outside Chicago – A New York-based investment manager paid $127 million for the Kemper Lakes Business Center, after a previous deal for the Long Grove office campus fell apart. Apollo Global Management, … Read more
Tom’s Recommended Reading for the Week Check out the top Chicago commercial real estate news before heading into the weekend! Corporations Prepare for Upcoming Lease Accounting Changes – Corporations have resigned themselves to the fact that, at some point, new lease accounting standards will be in place that will effectively shift leases from off-balance sheet to on-balance sheet … Read more
Tom’s Recommended Reading for the Week Check out the top Chicago commercial real estate news before heading into the weekend! Lawrence House developer lands financing, buys near Google project – Cedar Street Cos. landed financing for an ambitious Uptown redevelopment and on the other side of town bought a loft building near Google Inc.’s future offices. A venture … Read more
Tom’s Recommended Reading for the Week Check out the top Chicago commercial real estate news before heading into the weekend! For investment returns, retail landlords lead Chicago market – It’s a good time to be a landlord in the Chicago area, especially if you own a retail property. Shopping centers around the region delivered one-year total returns of … Read more
Tom’s Recommended Reading for the Week Check out the top Chicago commercial real estate news before heading into the weekend! Chicago 14th for real estate investors in survey – Real estate investors like Chicago, but it doesn’t set their hearts aflutter like Seattle, Boston and Houston. Real estate executives ranked Chicago 14th among 75 U.S. markets for investment attractiveness … Read more