The suburban office team at Downers Grove-based Cawley Chicago has been named exclusive leasing agent for O'Hare Offices, a three building, 450,000-square-foot office property portfolio that is adjacent to O'Hare International Airport within the O'Hare office market.
The portfolio in Des Plaines consists of 999, 1011 and 1111 Touhy Ave. and is owned by affiliates of Siete 7 LLC, a private investment group that occupies space in one of the buildings. The three buildings encompass approximately 450,000 square feet of space. The portfolio is currently 50 percent leased and offers spaces ranging from 933 square feet to 60,000 square feet. The complex has numerous large block or full floor options of approximately 25,000 square feet or more.
"This three-building portfolio is a strategic and viable alternative for tenants looking for corporate and regional headquarters space as well as satellite offices in the O'Hare market," said Tony Russo, executive vice president at Cawley Chicago. "This is a great opportunity for Cawley Chicago to work with Siete7 LLC and their affiliates in the marketing and repositioning of O'Hare Offices."
6800 Main St | Downers Grove, IL
Cawley Chicago is pleased to announce the renewal of long time tenant, Grove Dental Associates at the Greenbriar Center Building located at 6800 Main St in Downers Grove, IL. Grove Dental Associates entered into a long term renewal agreement with ownership. Starting in less than 4,000 square feet, Grove Dental now occupies over 13,000 square feet of space. For additional leasing needs and information on our current vacancies, please contact one of our brokers or visit the link below.
For many companies, Q3 is slow. Summer vacay is in full swing, and those of us back in the office are itching to pack it in early. And Europe? Literally the entire continent is eating gelato at the seaside until mid-August.
Yes, it’s summertime and the livin is easy (as Gershwin wrote and Billie Holiday turned into magic—you really should listen right here). It’s everyone’s favorite season but Q3 can be the toughest time of year for B2B. So why not plan ahead and take advantage of the lull?
Click here to read 3 bright ideas for kick starting your Q3 marketing strategy.
The upsurge of leasing and development across the four major commercial property asset classes in the metropolitan Chicago market should continue well into 2018 and perhaps longer, a testimony to the resiliency of the region and its diverse economy.
Four CRE professionals shared this perspective while serving on the panel at the IREM Chicago June Chapter Lunch and Mid-Year Market Review held June 28. For the second consecutive year, panelists at this popular Chapter 23 presentation were exceedingly optimistic about the outlook for the Chicago market....
Rawly Lantz, Executive Vice President at Cawley Chicago. A “Top 6 List” of current trends for the office market included: Some uncertainty regarding the prospect of 2017 representing the end of the sector’s upward cycle, challenges in capitalizing on co-working office spaces, and owners asking for higher rental rates. The list rounded out with: A large amount of construction activity, uncertainty over bus transportation services offered by some suburban landlords, and the growing impact of technology.
Cawley Chicago is pleased to announce the new and exclusive listing at O’Hare Offices located in Des Plaines, IL. O’Hare Offices includes three, five-story buildings, accommodating any size requirement up to 60,000sf. This complex is conveniently located in Chicago’s Northwest Suburbs only minutes from O’Hare International airport and numerous amenities including the new MB Financial Entertainment Park at Rosemont. Offering professional on-site management, unparalleled technology and a high level of service, O’Hare Offices is the perfect location for your business to call home.
Tony Russo firstname.lastname@example.org
Ryan Freed email@example.com
Rawly Lantz firstname.lastname@example.org
Doug Pauly email@example.com
Original Post www.BisNow.com | Re-post Cawley Insights
The booming industrial market is breaking records left and right.
The sector recorded its 28th consecutive quarter of net occupancy gains as of Q1; warehouse development pipelines hit new highs in the same quarter, spurred by demand for more modern Class-A facilities; and more recently, about half of the 167M SF of warehouse supply under construction has been pre-leased — a 10-year high.