Chicago’s suburban office market ends 2015 on a positive note with decreased vacancy and positive net absorption.
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.
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.
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 Plainfield, 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.
Into the second month of 2014, time to reflect on how the year ended in the Chicago area retail market. The Fourth quarter 2013 recap of the retail leasing activity for the Suburban Chicago market.