Yearly Archives: 2012

Chicago Tribune names Jones Lang LaSalle one of Chicago’s “Top Workplaces”

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Today marks a proud day for the Jones Lang LaSalle team here in Chicago with the Chicago Tribune’s announcement of what most of us already knew: that our company is a truly great place to work.

Out of the thousands of companies that do business here, Jones Lang LaSalle ranked No. 14 among large companies on… Read More

Silicon Prairie 2.0: Here at last?

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Crain’s Chicago Business columnist Greg Hinz provided an optimistic scorecard last week on Chicago’s recently-revived efforts to become a global hub for high-tech jobs.

Pointing to the announcement that Motorola Mobility will be moving its headquarters to the Merchandise Mart — as well as recent reinvestments by Nokia, GrubHub, Groupon and others — Hinz says the… Read More

LIVE BLOG: CIP Transportation & Logistics Conference

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20121101-081146.jpgJones Lang LaSalle’s Kris Bjorson is participating in a panel discussion on the evolving state of the transportation/logistics market in Chicago and the Midwest. Other panelists include architect Karl Heitman, CenterPoint Properties’ Michael Murphy, Clarius Partners’ Kevin Matzke and Providence Logistics’ Chris McGrath.

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9:05 a.m. — Murphy on the demand for warehouse/distribution space: “We’ve seen pretty healthy leasing activity and what I’ll call ‘rent stabilization.’ Our occupancies… Read More

We’re live-blogging the CIP Transportation & Logistics Conference

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Jones Lang LaSalle’s Kris Bjorson is among several panelists on the “State of the Market” panel during Thursday’s Transportation & Logistics Conference sponsored by Chicago Industrial Properties magazine.

We’ll be live-blogging all the proceedings, so check back here beginning at 8:15 a.m. to follow along.

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LIVE BLOG: “Chicago vs. Suburbs: What’s the buzz?” event

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Jones Lang LaSalle’s Fred Schuler is moderating a panel discussion featuring JLL tenant representative Diana Riekse, JLL economic incentives expert Meredith O’Connor, Redbox’s Megan Novak, SPR Companies’ Robert Figliulo and Mark Hirons of the architecture and design firm Canon Design.

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8:15 a.m. — Fugliulo on lessons learned in moving his company from the suburbs to the… Read More

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LIVE BLOG: JLL’s Jack Keenan at today’s BisNow Chicago “Tech Summit” event

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20120822-010943.jpgJones Lang LaSalle’s Jack Keenan (left) is among several featured panelists at today’s Tech Summit/Office of the Future event sponsored by the popular commercial real estate e-newsletter BisNow.

The first panel session of the day features several top local architects, designers, builders and developers. (The broker/owner panel featuring Jack Keenan begins at 8:45 a.m.)

8:05 a.m. — Perkins + Will’s Gina Berndt says high-tech firms are… Read More

Catapult Chicago puts unique spin on tech incubator/accelerator concept

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Catapult Chicago, the incubator/accelerator space for tech start-up comapnies in River North, got some great exposure recently thanks to this article in the Chicago Tribune.

Catapult was founded by partners with the law firm Foley & Lardner, which provides the space for free and offers pro bono office hours for Catapult’s 12 member companies.

Foley & Lardner senior counsel Galen Mason tells the Tribune that he hopes… Read More

New York Times looks at proposed Chicago office developments

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The New York Times is the latest major media outlet to shine a spotlight on the downtown Chicago office market and the plans by several well-known developers to build new office towers here.

As has been widely reported, the most-likely-to-be-completed project is the 45-story, 1-million-square-foot River Point tower being developed completely “on spec” (ie, construction will… Read More

Office tenants keep strong upper hand in suburbs

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The vacancy rate in Chicago’s suburban office market continued its gradual decline in Q2 2011, but a lack of activity among larger users has landlords still struggling to fill space.

As a result, oportunities abound for tenants to renew their leases at favorable rates or upgrade facilities, Jones Lang LaSalle’s Todd Schaefer tells Crain’s Chicago Business in this story (subscription required):

“Not seeing a whole

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Office leasing velocity slows in Chicago CBD, but rents continue gradual climb

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Office leasing velocity in downtown Chicago slowed in the second quarter of 2012, according to Jones Lang LaSalle’s newly released Q2-2012 Chicago Office Report. But while the overall vacancy rate downtown actually climbed a nominal 10 basis points from 14.0% in Q1 to 14.1% at the end of Q2 as a result, the protracted trend of of tightening vacancy figures to continue throughout the… Read More

LIVE BLOG: Panel Discussion at Jones Lang LaSalle Panama Canal event

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Jones Lang LaSalle’s Rich Thompson (at right) is moderating a panel discussion featuring the Panama Canal Authority’s Oscar Bazan (center), Ridge Property Trust’s Jim Martel (left) and the Council of Supply Chain Management Professionals’ Rick Blasgen (second from left).

9:15 a.m. — Blasgen: “The recession diminished our (U.S.) investment in port infrastructure.”

9:20 a.m. — Bazan: With strategic unloading — beginning at Norfolk — large vessels can dock… Read More

LIVE BLOG: Keynote Presentation at Jones Lang LaSalle Panama Canal breakfast

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The Panama Canal Authority’s Oscar Bazan (left) is delivering a keynote presentation on how the $5.25 billion canal expansion project will impact supply chain networks. Highlights from his talk are below.

8:20 a.m. — The Panama Canal was first conceptualized by the King of Spain in the mid-1500s. It would be more than 360 years before it was actually built and opened… Read More

We’re live-blogging Jones Lang LaSalle’s Panama Canal event

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Jones Lang LaSalle’s Chicago Industrial Services team is hosting a special invite-only event this Thursday morning (June 21st) entitled “The Panama Canal Expansion and its Impact on Supply Chain and Distribution.”

We’ll be live-blogging all the proceedings beginning at 8:15 a.m., so be sure to check back here then.

The event features a special presentation from the Panama Canal Authority’s Oscar Bazan as well as a Q&A session… Read More

Smaller users driving activity in DuPage industrial market

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Industrial leasing activity in the Chicago area has been on the up-tick throughout 2012, and no area has been hotter than DuPage County.

According to Jones Lang LaSalle research, the I-355/DuPage County Industrial Corridor saw more than 621,000 square feet of total net absporption during Q1, the most of any of the 11 Chicago-area… Read More

Evolving consumer behaviors pose challenges for retail supply-chain management

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As the high-tech revolution continues to accelerate, consumers have completely changed how they shop and what they expect from retailers. As a result, retail supply chain management has become an increasingly challenging endeavor.

For example, with the lines blurring between the various retail channels — bricks-and-mortar, catalog/call center, traditional web, mobile web and social media —… Read More

LIVE BLOG: JLL’s Peter Harwood on investing in industrial real eatate

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20120608-095108.jpg JLL’s Peter Harwood (left) is among the panelists on the “Investing in Industrial” panel here at the 9th annual CIP Industrial Summit. Other speakers include KTR Capital Partners’ Ryan Stoller and Venture One’s Mark Goode.

10:40 a.m. — Harwood on the state of the market in 2012: “The volume is up by about 25 percent year-over-year nationally, but it’s flat here in Chicago.”

10:44 a.m.Read More