Monthly Archives: February 2014

Chicago Office Employment Update

0 CommentsBy

JanuaryUnemployment

The U.S. economy added another 113,000 jobs in January, representing a second consecutive month of below-average payroll growth. Unemployment fell by 10 basis points, reaching a recovery low of just 6.6 percent.

Although gains have not consistently met or exceeded the 200,000-job monthly threshold for sustained expansion, growth has been broadening in both industry and geography.… Read More

VIDEO: 2014 Commercial real estate lending forecast

0 CommentsBy

Last month, our JLL Chicago Investor Services team welcomed more than 50 clients and guests for our 2014 Downtown Chicago Investor Forecast Breakfast at the Peninsula Hotel.

Among the speakers was JLL Managing Director David Hendrickson, who offered his predictions for the year ahead relative to the commercial real estate lending markets. Click on the video above (1 minutes, 15 seconds), to watch Dave give his forecast.

Looking for more? Email him at david.hendrickson@am.jll.comRead More

VIDEO: 2014 Suburban Chicago Office Investment Sales Forecast

0 CommentsBy

Recently, our JLL Chicago Investor Services team welcomed more than 20 clients and guests for our 2014 Suburban Chicago Investor Forecast Breakfast at the Hyatt Regency O’Hare.

Among the speakers were Managing Directors Jim Postweiler and Bruce Westwood-Booth, who offered their predictions for the year ahead relative to the office investment sales market. Watch the video above (2 minutes, 17 seconds) to hear their outlook for 2014.

Looking for more? Email Bruce at jim.postweiler@am.jll.com or bruce.westwood-booth@am.jll.comRead More

VIDEO: 2014 Chicago CBD Investment Sales Forecast

0 CommentsBy

Last month, our JLL Chicago Investor Services team welcomed more than 50 clients and guests for our 2014 Downtown Chicago Investor Forecast Breakfast at the Peninsula Hotel.

Among the speakers was International Director Bruce Miller, who offered his predictions for the year ahead relative to the office investment sales market. Watch the video above (3 minutes, 46 seconds) to hear his outlook for 2014.

Looking for more? Email Bruce at bruce.miller@am.jll.com for access to… Read More

Sizzle or Fizzle? North-suburban office market ends 2013 with mixed signals

0 CommentsBy

NorthSuburbanQ1Snapshot

By Dan McCarthy and Henry Lee
Jones Lang LaSalle

As was detailed in this recent article by Crain’s Chicago Business, the North submarket had a mixed fourth quarter with some positive and negative gains.

On the positive side, the largest lease transaction of the year was signed when our client Zebra Technologies agreed to a 230,000-SF lease at… Read More

JLL Chicago team gives back at Ronald McDonald House

1 CommentBy

RMH1

Our JLL Chicago Tenant Rep team kickedoff 2014 with a night of service at Ronald McDonald House near Lurie Children’s Hospital. About 20 team members — led by Managing Director Len Caldeira and his wife, Chantal — planned, prepared and served a home-cooked dinner to families staying at the house.

RMH’s Meals from the… Read More

Categories: Jones Lang LaSalle and tagged , .