Cawley Insights

Last-Mile Warehouses and Same Day Delivery Go Together Like Milk and Cookies

Posted by Deanna Grazier on Nov 29, 2018 2:20:18 PM

Holiday shopping season is upon us, some people are shopping in stores and some online. Josh Hearne, SIOR provided some insight into the commercial real estate effect on shopping and shipping.

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Topics: industrial real estate, Industrial, Retail, Last-mile warehouse, Shopping, Holiday, Commercial Real Estate, e-commerce

Halloween SPOOKtacular Facts

Posted by Jessica Polito on Oct 30, 2018 10:45:00 AM

Monsters, witches, and pirates! Tomorrow is Halloween and we know you can't wait to go trick-or-treating with the kids! In the meantime, we've gathered some spook-tacular facts about this long celebrated tradition. So put on a scary movie and carve some pumpkins, Halloween is almost here!

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Topics: chicago, chicagoland, Fall, Pumpkin Patch, October, Halloween, Pumpkin, FunFacts

So You're Saying There's a Chance...

Posted by Jessica Polito on Oct 22, 2018 2:22:00 PM

If you haven't already heard, the Mega Millions has climbed to a historic $1.6 Billion, since there was no winner on Friday's drawing last week. In order to win, you must match all of the winning numbers, which includes: 5 numbers between 1-70 and the Mega Million ball between 1-25. What are your odds to win? 1 in 302,575,350.

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Topics: Mega Millions, Odds, Lottery, chicago

Fun-Filled Fall Activities

Posted by Jessica Polito on Oct 11, 2018 3:00:42 PM

Sweater weather, pumpkin carving, and haunted houses, fall is the season to explore the great outdoors and the beautiful scenery nature has to offer. Whether you're visiting the pumpkin patch, hanging out with friends at Oktoberfest, or picking apples for homemade pie, events are taking place all over the Chicagoland area this fall. Take advantage of the fun and make some memories! 

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Topics: chicago, chicagoland, festivals, Fall, Pumpkin Patch, October, Fall Activities

Chicago Industrial Vacancy Rate at its Lowest Since 2001

Posted by Jessica Polito on Aug 21, 2018 3:27:49 PM

 

In 2001, a gallon of gas was $1.46, Wikipedia launched online, and Apple released the first ever iPod. This was also the last time Chicago has seen one of its lowest vacancy rates in the industrial market. In the second quarter of 2018, the vacancy rate was at 6.44%.

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Topics: industrial real estate, Industrial, chicago, Vacancy Rate, e-commerce

Guide to Chicagoland Area Festivals -August

Posted by Jessica Polito on Aug 2, 2018 2:02:00 PM

 

Fall is right around the corner, but don't let that stop you from having fun. Extend your summer with these exciting events going on in the Chicagoland area! 

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Topics: chicago, chicagoland, summer, festivals

Guide to Chicagoland Area Festivals -July

Posted by Jessica Polito on Jun 28, 2018 2:23:11 PM

Get ready for good times and BBQ in July! From the city to the suburbs, we have you covered on what festivals you should visit to add more fun in your summer. 

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Topics: chicago, chicagoland, summer, festivals

Guide to Chicagoland Area Festivals - June

Posted by Jessica Polito on Jun 4, 2018 2:08:08 PM

Summer in Chicagoland is unlike any other. Whether you're soaking up the rays at the beach, running along the lakefront, or enjoying the array of cuisines, there are plenty of adventures to fill up your summer. Chicago prides itself on highlighting the melting pot of various neighborhoods throughout the city and the suburbs. Within these neighborhoods and the Chicagoland area, events take place every day in the summer; yes, every day!

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Topics: summer, chicago, chicagoland, festivals

Rezoning for Industrial Along the Chicago River

Posted by Jessica Polito on May 17, 2018 11:26:53 AM

 

An Industrial Corridor Modernization Initiative approved by Mayor Rahm Emmanuel is in the works for the North Branch Industrial Corridor of the Chicago River. With local authorities exploring the options for adding more industrial zones along the river, this would bring more businesses and jobs to Chicago. Many companies who could not expand or even begin their business in the city due to the strict zoning laws, were forced to relocate out of Chicago. As stated in the CP Executive article, “Developers will pay fees back to the fund and the Neighborhood Opportunity Bonus system has expanded to the southern portion of the corridor and a North Branch Corridor Bonus system in the northern part of the corridor was created.”

Read the complete article at cpexecutive.com

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Topics: industrial real estate, Industrial

Growth in the Multi-tenant Warehouse Segment

Posted by Jessica Polito on May 7, 2018 2:35:04 PM

Consumers have become accustomed to receiving their items within a few days as a result of companies like Amazon and Walmart. So how do other businesses keep up? They purchase smaller warehouses to break up the distribution and shorten the shipping time and costs. In the current market, businesses are purchasing smaller multi-tenant warehouses, rather than additional larger industrial buildings. 

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Topics: office leasing, industrial real estate, investment, Industrial