The Chicagoland industrial market finished strong in 2018, but will it live up to the same success in 2019? The market is slightly overbuilt, but that is not preventing companies from taking advantage of the Chicagoland area. As the Midwest hub, the market is expected to perform well and hopefully record another great year in the books.
With 2019 right around the corner, everyone is focused on what the commercial real estate industry will look like in the new year. Industrial performed well in 2018 and the office sector stayed steady. Most analysts believe industrial will continue to thrive due to the growing e-commerce industry. As for offices, technology will definitely play a factor in the success as well as the flexibility of the space and lease options.
Doing the most good® is the sole purpose of The Salvation Army. Founded by William Booth in 1865, The Salvation Army continues to provide assistance to 130 countries worldwide. In a recent article they were ranked No. 2 for “America’s Favorite Charities” by The Chronicle of Philanthropy. In 2017, The Salvation Army served 52,259,152 meals to the hungry and collected over $2 million in donations.
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.
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!
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.
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!
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%.
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!
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.