Unique Renovations Redefining the Idea of Office Spaces

When it comes to renovating an office space or building, throwing on some fresh paint, adding a few new lounge chairs, or including a workout facility just isn’t enough anymore. The demand for a more engaging and livable workspace makes all the difference with today’s strong millennial demand in the workplace. So, what is the trend? What are the latest …

Commercial Real Estate Rental Space Opportunities

Rental spaces have become a common trend. Whether people are choosing to rent an B&B instead of a hotel, or a coworking space instead of an office, these unique options have paved the way for savvy spenders to maximize on typically pricier purchases. With these increases, we’re finding that real estate investors are jumping on the bandwagon as well. Once …

Large Renovations Continue in the Clybourn Corridor

With projects such as Building A New Chicago making huge improvements to the city, Chicago is continuing to become a more enticing place for retail and office spaces. Recently, almost a block’s worth of buildings were purchased in the Clybourn corridor. These buildings can potentially be used for both office and retail space. The large purchase could be due to …

Technology in Commercial Real Estate

Technology is ever-evolving, and because of such, it is constantly reaching new markets– like commercial real estate. At this year’s Technology in Commercial Real Estate conference, held at 1871 inside the Merchandise Mart, tech gurus made their case for the importance of technology in the commercial real estate world. Main topics of discussion were sustainability, drones, 3D renderings and data …

See the Proposed Changes to Chicago’s Old Chicago Post Office

If you’ve ever taken I-290 to or from Chicago’s Loop, you’ve undoubtedly noticed the old main post office building that straddles the western end of Congress Parkway. It’s been roughly 20 years since the USPS relocated to a different facility, causing the building to degrade into the currently abandoned eyesore thousands of commuters pass every day. The situation has turned …

Is River North the New Silicon Valley

Silicon Valley has long been the home of the United States’ best programmers, startups, tech innovations, and more recently – bulletproof coffee. Is River North on that level? Well, not yet. But it is Chicago’s blossoming tech epicenter, and the potential for growth is absolutely enormous. The neighborhood has seen a tremendous uptick in tech business growth over the past …

Factors to Consider When Deciding to Buy or Lease a Commercial Property

What factors should you consider when deciding whether you should buy or lease a commercial property? The following factors, if relevant to your situation, may lead you to conclude that you should purchase, rather than lease, your commercial property: You want control of the property. Maybe you intend to make substantial additions or renovations to the property. Or you decide to change …

Top 5 Benefits of Leasing Office Space in Chicago

In recent years, modern tech combined with a new generation of urbanite young professionals has caused a revival in metropolitan centers across America. Companies looking to take advantage of this talent pool are flocking back into cities from the surrounding suburbs at an explosive rate. Chicago, having always been at the forefront of innovation and commerce, is in a great …

Explore Investments in Commercial Real Estate

Whether it’s commercial or residential, real estate investing can be a lucrative opportunity for the savvy investor. Most independent investors look to enter the real estate market through residential properties such as townhomes, single and multifamily homes. Although riskier, commercial real estate can yield larger gains on your investment with the potential to generate multiple income streams from a single …