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Getting creative: CRE investors looking closely at campground investments
Campers now expect amenities such as water parks at campground sites. by Dan Rafter Commercial real estate offers plenty of opportunities for investors. Distribution centers, downtown office towers and...
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RentHop study: When it comes to dragging down apartment rents, not all crimes...
by Dan Rafter Plenty of factors cause apartment rents to rise and fall. But how about crime rates? Do high crime rates automatically result in lower apartment rents? Usually, according to a new study...
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Build-to-Suit 2.0: Not your grandfather’s office building (Or timeline)
By Steve Wright, Wright Heerema Architects and Tim Sweeney, Quadrangle Development Company Has your office space begun to feel like an old iPhone—you’d love to upgrade, but the infrastructure just...
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ABODO study: Apartment rents starting to rise again
The average one-bedroom apartment is renting for $1,016 a month this June across the United States, according to a recent report from ABODO. That’s up a bit from the lowest point of the year, an...
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Baby boomers have high expectations for senior housing. Developers aim to...
Travanse at Grayslake includes the modern amenities that today’s seniors want. by Sara Freund Amenities that create a more thoughtful community are a trend in nearly every commercial sector—and senior...
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Some bet I-57 is on track to get even more industrial growth
I-57 between W Steger Road and W Monee Manhattan Road. by Sara Freund Developers aren’t worried about industrial slowing down—even with 17.9 million square feet of new construction in the sector—and...
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To survive as a brick-and-mortar retailer today? Value pricing and...
by Dan Rafter If a bankruptcy judge agrees, Payless Shoes will close 800 stores across the United States this year. Michael Korrs, a maker of luxury handbags, will close more than 100 stores....
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No boom, but steady activity: Construction market humming along in Chicago area
by Dan Rafter John Reilly, president of Des Plaines-based Peak Construction Corp., sees plenty of positives when it comes to construction activity in the Chicago area. He predicts that even more...
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Which commercial building pays the most property taxes in the Midwest? You...
by Dan Rafter We all know that commercial real estate is key for the economies of cities across the country and Midwest. After all, these buildings sometimes shell out huge dollars in property taxes...
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Innovation could help industrial sector embrace green design
by Sara Freund Warehouses, factories and distribution hubs don’t conjure up images of green design. At least not yet. Green building has advanced way past grass on a rooftop. New technology, lighter...
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Population growth, rising incomes push demand for Midwest storage
By Sara Freund Employment growth in Chicago and a steady increase in household formation pushes up the demand for more self-storage facilities, according to a report from Marcus & Millichap....
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Avison Young report filled with good industrial news
by Dan Rafter Record-low vacancies mean that industrial markets will continue to thrive throughout 2017, whether there’s uncertainty in the White House, blips in the stock market or unrest overseas....
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The importance of being mentored: A conversation with Goldie Wolfe Miller
By Jason West, SIOR President of the Chicago Chapter of SIOR and Executive Managing Director, Cushman & Wakefield When she began her career more than 40 years ago, Goldie Wolfe Miller was one of...
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Apartment rents starting to dip a bit in Midwest cities
by Dan Rafter Apartment rents might seem sky-high in cities like Chicago, New York City and San Francisco. But there are actually some cities — two significant ones in the Midwest — in which monthly...
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Driverless cars, entertainment centers and panic rooms … the right combo for...
by Dan Rafter Can driverless cars save struggling suburban shopping malls? Maybe … at least in part. These cars of the future might be one way technology can give a boost to malls, said Vishu...
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Stan Johnson & Co. report: Single-tenant net-lease properties had second best...
by Dan Rafter The commercial real estate market is a busy one today. And few property types are generating as much activity as are single-tenant net-lease properties. Stan Johnson & Co. recently...
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Payless latest big retailer to close stores, but there’s good retail news, too
by Dan Rafter Payless ShoreSource is the latest brand-name retailer announcing bankruptcy, filing for Chapter 11 protection last week and announcing plans to close about 400 stores in the United...
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Want to bring renters to your apartment buildings? Consider these amenities
by Dan Rafter What amenities are renters looking for in new apartment buildings? What features should owners and developers add to make sure that renters choose their properties? The National Apartment...
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Edamame burger? Kale and quinoa soup? The healthy fast-food trend is hitting...
Crazy Bowls & Wraps by Dan Rafter For Keith Kitsis, the decision was a simple one: People often need to eat fast. But eating fast shouldn’t have to mean eating unhealthy, too. That’s why 23 years...
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Industrial insider: Top trends for industrial real estate in 2017
Elise Couston By Elise Couston Senior managing director, Newmark Grubb Knight Frank As the e-commerce sector continues to experience growth in market share, and as new trends in manufacturing transform...
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