CBRE and the Chicago Cubs hosted the 9th Annual CBRE Cares Charity Bash on Monday, August 15th at historic Wrigley Field. The gala raised more than $375,000, with 100 percent of net proceeds benefiting numerous local charities.
More than 1,300 CBRE team members, their families, clients and friends — as well as Cubs players and management — were on hand to participate in this first-of-its-kind event at Wrigley Field. Cubs manager Joe Maddon, pitcher Jon Lester, first baseman Anthony Rizzo, President of Baseball Operations Theo Epstein; President of Business Operations Crane Kenney, CBRE CEO Bob Sulentic and CBRE Midwest Division President Chris Connelly were all present for the event.
Our 9th annual CBRE Cares Charity Bash is just under two weeks away and tickets are still available. The event will be held on Monday, August 15th from 5:30-8:30pm at Wrigley Field. An attendance of 1,000 area professionals, as well as Cubs players and management, will be on hand to participate in this first-of-its-kind event at Wrigley Field.
CBRE employees can purchase tickets for clients, friends, additional family members, etc. Prices are as follows: $150 for adults and $100 for kids-6-20 years old (kids five and under are free).
Chicago’s prominence as a global logistics hub was recently highlighted in CBRE’s Annual “North American Inland Ports Logistics Report,” which listed the Midwestern city as the largest and second busiest (behind California’s Inland Empire) inland port in North America.
According to the report, which tracks the 12 primary U.S. inland ports, the rapid growth of e-commerce has fueled development of warehouses and distribution centers in these markets at nearly twice the national rate.
Even with a recent surge in construction, demand for industrial buildings in these markets is so robust that nine of the 12 have seen their availability rates decline from their post-recession peaks faster than the national rate.
Chicago has the lowest availability rate among the inland ports tracked in the study at approximately 6.6 percent. Demand is so high right now that it cannot keep up with supply. CBRE Research reports that there are 10 tenants looking for space of 500,000 square feet or more in the Chicago region with a total need of nearly 8 million square feet, more than twice the available supply of 3.2 million square feet in this size range.
Some of the reports findings:
- Between 2000 and 2013, intermodal container shipments grew by 26% in the Chicago region.
- By 2040, inbound truck and rail shipments are projected to grow by 58% and 55%, respectively.
- By 2040, outbound truck and rail are expected to increase by 38% and 147%, respectively.
CBRE, in partnership with CoreNet Global, recently conducted a survey to query Corporate Real Estate (CRE) executives on the development of health and wellness initiatives in their respective corporations.
According to the results, the importance of employee health and wellness is rising in the workplace: 89 percent of the organizations responding reported giving some level of attention to the growing trend.
CBRE compiled the results in a recent ViewPoint Report. The report states that companies should strive to design work environments that not only function as places to conduct business, but also act as places that support and improve well-being of employees.
“You can provide a physical space that supports well-being, but you can also provide a healthier work experience by enabling amenities and services that make both work and life a little easier” said Nina Charnotskaia, director within CBRE’s Workplace Strategy group.
According to CBRE’s annual “Scoring Tech Talent” research report, Chicago continues to show strength in the tech sector, with its total employment now at 136,340, up 34.9 percent from five years ago. This makes Chicago the sixth-largest tech market in the nation in terms of employment base.
Chicago maintained its top-fifteen position on the annual Tech Talent Scorecard, which ranks 50 U.S. and Canadian markets according to their ability to attract and grow tech talent. Coming in at #13 for the second year in a row, Chicago has become one of the top destinations for tech talent in the country.