Tag Archives: transportation

Talking trade: How past, present and future tariffs influence industrial real estate

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tariffs

Welcome to Episode 19 of Real Time, JLL Chicago’s industrial podcast. In this episode, the team is joined by the International Trade Association of Greater Chicago’s Executive Director Richard Paullin, an expert on tariffs and international trade. While the news is constantly changing, here are some highlights from our conversation:

  • Today’s tariffs have a ripple effect on tomorrow’s logistics, real estate and transportation sectors, which play a key role in moving goods in and out of the country.
  • From soybeans to corn, agriculture rules in Illinois; limitations on exports will impact facilities across the market, especially in the I-80 submarket.
  • Canada and Mexico, America’s two largest trading partners, buy more from the U.S. than our next 10 largest trading partners.
  • Labor remains a major challenge for manufacturers and distributors with changing immigration policies and employment below 4 percent.

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


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

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Commuting in the suburbs: A SWOT analysis

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In a market as large as suburban Chicago, getting to work can be around the corner or a major undertaking. Our Research team recently completed a suburban SWOT analysis, determining the top three modes of transportation used to get to the office in each submarket. Roll over each submarket below for the details.

Strength: Public transit

Public transportation, from the L to the Metra, has been a boon to several… Read More

Budget backlash for Illinois industrial? Nope…

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budget

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.

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

Chicago office market thriving despite budget impasse

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Authors: David Barnett, Research Analyst, and Hailey Harrington, Research Manager

budget impasseThe downtown Chicago office market recorded record-high rents and vacancies at or near all-time lows in 2016. The city is a robust tech hub, bolstered by an extensive transportation network and proximity to one of the busiest airports in the world—connecting Chicago with other U.S. and foreign markets. Unemployment continues to diminish as graduates from nearby top-tier universities enter the local workforce in a diversified economy. Despite this economic growth, the City of Chicago and the State of Illinois continue to grapple with the budget crisis.… Read More