Tag Archives: illinois

PJM Oversees Restoration of Union Station’s Great Hall Staircase

CBRE’s Project Management Group (PJM), in partnership with Clune Construction, recently completed the restoration of Union Station’s iconic Great Hall Staircase in Chicago. After 90 years of foot traffic, the famous Travertine stairs had begun to realize “cupping” and other … Continue reading

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2017 Expected To Be Another Big Year for Chicago CRE

CBRE’s Drew Nieman spoke recently at The Illinois Real Estate Journal’s 15th Annual Commercial Real Estate Forecast in Chicago.  Nieman addressed the crowd of 700 on the State of the Chicago Market panel. He specifically highlighted the strength of the … Continue reading

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3Q16 Industrial Video

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Chicago Q3 Retail Overview

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Demand Is High but Lack of Product Slows Retail Investment Market

Demand for quality retail investment properties remains high across multiple product types — core product, single-net lease buildings, and, especially value- add plays — yet buyers are finding a dearth of deals available, as owners are reluctant to part with … Continue reading

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Video: Chicago Suburbs Office Market—Strengths and Challenges

The Chicago CBD office market has received a lot of attention lately, but the suburban market has been performing very well,  outpacing the CBD in overall absorption, and, setting a record office investment pace. 

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Breaking Down Cook County Real Estate Tax

With the pending $588 million Chicago property tax increase, it’s important to evaluate the implications and to understand how taxes are assessed here. The way Cook County calculates property taxes is particularly unique and it can be confusing. Cook County … Continue reading

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