Cawley In The News

Cawley Chicago was pleased to contribute to 2 recently published articles in the Commercial Real Estate Industry.

The first article is about marketing in commercial real estate. Tracy Albrecht, Marketing Director/Principal, weighed in on the evolution of commercial real estate marketing and the newest trends in the industry.

The second article is about competitive technology and marketing strategies in the modern day commercial real estate industry. Michael McKiernan, Sales Manager/Principal, commented on technology's impact on a broker's role and work strategy.

Below are the featured articles, click the link to read the full published article at the original source.

Topics: Office, Brokers, office real estate, Real Estate, CRE, Commercial Real Estate, Recap, industrial brokerage, CRE Brokers, business, Consulting, marketing, technology

Oakbrook Terrace, Ill. (July, 2019) — The Cawley Chicago office team has closed three lease transactions at 1111 E. Touhy Ave in Des Plaines, IL known as the O’Hare Offices. In the first transaction, Cawley Chicago secured a long-term lease for 10,153 square feet of space to architect and engineer firm Kellermeyer, Godfryt Hart who was represented by Andrew Kaplan with CBRE.  A second lease was signed with RelaDyne for 6,346sf represented by Kevin Segerson and Dan Graham with CBRE. Lastly, a deal totaling just under 1,000sf was completed, direct with the tenant by Ryan Freed, Tony Russo and Rawly Lantz of Cawley Chicago.

“O’Hare Offices continues to be one of the most active in the market. That being said, Siete7 and Cawley Chicago plan to roll out new amenities and property enhancements this summer along with tenant incentives for the Summer of 2019” says Russo, Principal at Cawley Chicago. With the completion of these three lease transactions, Cawley Chicago has removed 22 years of vacant space from the market.

Topics: Office, office real estate, CawleyChicago, Commercial Real Estate, O'Hare Market, office team, CRE Brokers, Des Plaines

Oakbrook Terrace, Ill. (July, 2019) — Cawley Chicago completed four new suburban leases totaling over 10,300 square feet of office space at Woodland Park in Burr Ridge, IL. All four lease deals were done direct with the Landlord who was represented by Rawly Lantz, SIOR, Tony Russo and Ryan Freed. The completed lease deals brings this office complex to over 95% occupied.

Topics: Office, office real estate, CawleyChicago, Commercial Real Estate, office team, CRE Brokers, Burr Ridge

Oakbrook Terrace, Ill. (June, 2019)— The Cawley Chicago office team completed the sale of a 6,135 square foot office building located at 1225 Warren Avenue in Downers Grove for $749,0000. Justin Harris and Rawly Lantz marketed the property and sold it to buyer, All Creatures Great and Small Veterinary Practice. “The new owners, who are relocating from down the street, plan to demo the existing site and replace it with a new veterinary office and continue to serve Downers Grove for many years to come,” said Harris. Harris and Lantz represented the seller, Prince Pond Investments in the transaction.

Topics: Office, office real estate, CawleyChicago, downers grove, Commercial Real Estate, office team, CRE Brokers

Brokers among the commercial real estate industry can relate to one another when it comes to the feelings they experience on a daily basis. We decided to take you through a day in the life of CRE brokers, as told by a series of GIF's.

Topics: leasing, Brokers, office real estate, industrial real estate, CawleyChicago, CRE, Commercial Real Estate, GIF, relatable, CRE Brokers

Cawley Chicago is pleased to announce the new exclusive listing at National Plaza, a three (3) building office complex located in Schaumburg, Illinois. This listing is represented by Cawley brokers; Tony Russo, Ryan Freed, and Kent Smith.

Topics: office real estate, office leasing, New to Market, office team, Schaumburg, office portfolio, amenities

We are pleased to announce the addition of broker Kent Smith to the Cawley Chicago Office Team. Kent is an experienced sales professional who received his Bachelors in business and economics from Wheaton College.

Topics: Office, Brokers, new hire, office real estate, office leasing, CawleyChicago

The Cawley Chicago Office Team brings four new exclusive listings to the market, adding 200,232 square feet to its growing suburban portfolio. Arlington Green Offices, a 62,643 square foot, single story office building is located on Arlington Heights Road and has over 21,000 square feet of move in ready space available. Prairie Center Office Campus is a high profile, 3 building office complex located in West Chicago and offers future expansion opportunities.

Topics: Office, leasing, aquisition, office real estate, chicagoland, CawleyChicago, Real Estate, CRE, Commercial Real Estate, New Listing, New to Market

Established in 2017, opportunity zones were created to supply tax advantages for certain investments in lower income areas. To put in perspective the amount of opportunity zones in Chicago, there were roughly 500 census tracts eligible, but only 133 were approved (BisNow). In this particular article, the focus is placed on three areas in Chicago predicted to highly benefit as part of the opportunity zones, especially in the long term.

Topics: Office, Industrial, office real estate, investment, industiral real estate, chicago, Real Estate, CRE, Commercial Real Estate, Bisnow, CBRE, Opportunity Zones

A special thanks to all of our clients who continue to trust in our services and helped contribute to another successful year!

Topics: Office, Industrial, property management, office real estate, industrial real estate, chicago, chicagoland, CawleyChicago, CRE, Capital Markets, for lease, Recap, Year in Review