Get a brief over-view of the available retail spaces in the City of Joliet, Illinois. Details of the main roads, rental rate averages and a total summary of the retail properties that make up Joliet, IL.
2013 ended statistically strong despite the fourth quarter being slower than the previous three quarters. Quarter four of 2013 found direct vacancy rise, lease rates rise and net absorption reduce.
2013 was the first official year as an independent Commercial Real Estate broker and I had a great time. I surpassed goals and met many new people along the way. Here is my recap of this great year as I move into 2014!
I had the pleasure to have a sit down discussion with Javier Tamayo, entrepreneur and owner of Super Taco, to discuss his first experience with launching his new Mexican taco carry out restaurant. Super Taco opened in October 2013 at Crossroads Plaza in Plainfield, IL at the intersection of Caton Farm Road and Countyline Road.
For the year 2013, the first three quarters have seen a positive net absorption and steady reduction in vacancy rates throughout the suburban Chicago office market. Unfortunately, leasing activity has slowed down lowering optimism that vacancies will continue to decline.
Over the past couple years I have been involved with representing retail shopping centers more and more. One of the most common prospect is restaurant prospects. In recent months the calls for start-up restaurants have kicked up. In each call I discuss with the prospect their concept, experience and in the end it comes down […]