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Budget backlash for Illinois industrial? Nope…

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Welcome to Episode 6 of JLL Chicago Industrial – Real Time, our Industrial Research podcast. In this episode:

  • Sure, taxes are up, but there are more positives than we think
  • Illinois isn’t the only state grappling with significant long-term obligations
  • Investors can’t ignore Chicago’s universal truths as the nation’s transportation hub, second-largest industrial market by square footage and largest inland port

Hosted by: Industrial market research experts George Cutro and Chad Buch

Featuring: Research and economics pro Christian Beaudoin

Listen to this 10-minute podcast with the player above or click here.

Know someone who’d like to listen? Post to LinkedIn.

Interested in hearing more industrial real estate insights? Listen to all podcast episodes here.… Read More

Categories: Capital Markets, Downtown, Industrial, Jones Lang LaSalle, Research, Suburbs and tagged , , , , , , , , , , .

More than 55,000 new multifamily units since 2000?!

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We did a double take too. Since 2000, the Chicago market has delivered or renovated 55,324 units. We’re talking all classes and properties with 20 units or more, excluding student housing and affordable housing.This number speaks to a Chicago market nearing the peak of the multifamily cycle. Rents have risen sharply since the turn of the century, mirroring a national trend. With roughly 7,000 units flooding the market in the next 24 months, though, we’ll likely hit our local capacity and see new supply start to taper.

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Categories: Capital Markets, Downtown, Jones Lang LaSalle, Multifamily, Research and tagged , , , , , , , , , , , , , , , , .

4 investment trends facing Chicago and beyond

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“The core of downtown Chicago is competing with global cities and we are a low cost leader,” says JLL Managing Director Keith Largay. At Bisnow’s recent State of the Market event, he outlined four investment trends that have investors feeling cautiously optimistic about the city’s future:… Read More

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Categories: Brokerage, Capital Markets, Downtown, Industry Events, Jones Lang LaSalle, Office Leasing, Research, Suburbs, Tech, Workplace Strategy and tagged , , , , , , , , , , , , , , , , , , .

Chicago Tech Series Part 1: Behind the numbers

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JLL Research’s recent technology office outlook revealed incredible opportunity in the Chicago tech sector and we’re here to look behind the numbers.

Chicago tech stats… Read More

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Categories: Brokerage, Capital Markets, Downtown, Jones Lang LaSalle, Office Leasing, Retail, Tech, Workplace Strategy and tagged , , , , , , , , , , , , , .