A personal blog on the struggles endured in 2014 and the hopefully bright 2015 year to come.
On December 5, 2014, Commerical Alliance of Mainstreet Organization of REALTORS® hosted their annual Commercial Forecast Breakfast. At this breakfast for the 2nd year, Commercial Alliance acknowledged and congratulated the top commercial real estate brokers for 2014 in the sectors of office, industrial, multi-family, retail and broker of the year!
Attending this year’s Illinois Association of REALTORS® annual convention I attended the Commercial Panel on The Retail World from the Perspective of the Landlord. I recap this great panel discussion on the commercial real estate retail market from 4 very active professionals in the market – locally and nationally.
In the second quarter of 2014 the Chicago retail market is still experiencing a hit due to the closing of Dominick’s grocer in the market. Though consumer confidence remains strong and improving it is still taking time for the market to feel the full effects.
A key component and tool for a commercial real estate broker is understanding the demographics of the market in which their properties reside. No matter what type of property one represents understanding the demographics is important. For retail it is critical. Review the business demographics and population demographics of Joliet, IL.
Big and exciting changes are about to take place at COMMERCIALConnected.com. Thanks to our valued users and the support of our Market Partners, we will soon be rolling out major enhancements to the site that are aimed at improving the user experience while increasing market exposure. Some of those enhancements include: Ease of Use Our […]