Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 48,000 employees in more than 70 countries help occupiers and investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6.9 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory.

Since opening its first Chicago office in 1967, Cushman & Wakefield has played a vital role in local real estate, accounting for some of the most high-profile transactions and continuously ranking amongst the top firms in the city. Today, as our global headquarters, Cushman & Wakefield has three offices and more than 640 employees in Chicago, providing strategic real estate solutions under the iconic Cushman & Wakefield brand. Over the course of nearly 100 years, we have made a name for ourselves as one of the biggest and best global real estate firms – and we still have a world of opportunity ahead of us.

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Tech Cities 2.0: Chicago

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  • Chicago 2019 Industrial Outlook
    By: Greg Rogalla, Senior Research Analyst The Chicago industrial market reported four current trends in Q4 2018 and three worth keeping our eye on as we head into 2019. 4 Current Trends: #1 Robust Mid-Size Leasing Activity 2018 ended with 50% more leasing activity than 2017. Mid-size deals accounted for 46% of last year’s leasing activity. #2 Low Vacancy & Asking Rates on the Rise Increased leasing activity as well as a decade-low vacancy rate of 5.5% have led developers to jump into the market, which combined with increased construction costs have caused rental rates to rise. Overall asking rental rates were $5.37 psf at year-end. #3 New Construction Steady The market continued to record increased construction activity with 11.6 msf of product completed in 2018. The largest concentration was in the I-80 Corridor and Western Cook County submarkets. Fifty projects totaling 15.6 msf were under construction at year-end. Read… Read more »
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