Absorption Positive for Suburban Office, Negative Downtown

Published by: NAI Hiffman Market Reviews

Suburban Office Market Vacancy Rate: 19.67%

Net absorption in the suburban office market outpaced the downtown office market during the first quarter of the year, as it has done for six of the past eight quarters. Between January and March, 272,607 SF of vacant space was absorbed through continued leasing activity and user sales, pushing the vacancy rate down 21 basis points from last quarter to 19.67%, the lowest vacancy rate recorded in the suburban office market in more than five years. Continue reading →

CenterPoint Properties Chooses DuPage for Work/Life Balance, Accessibility

CenterPoint Properties, located in Oakbrook, Illinois focuses on the development, acquisition and management of industrial property and transportation infrastructure that enhances business and government supply chain efficiency. For more than 20 years, CenterPoint has added value to its customers through forward-thinking solutions aimed at enhancing supply chain and operating efficiencies. Continue reading →

Elmhurst Partners Provides Support to Businesses & Organizations

About Elmhurst Partners

Elmhurst Partners draws on the considerable resources and educational expertise of Elmhurst College, operating through the School for Professional Studies. As part of its ongoing development as a superior institution of higher learning, the College created Elmhurst Partners in 2001 as a corporate training arm, advancing the College’s commitment to adult education and lifelong learning. Today, Elmhurst Partners offers non-credit training courses in the Small Business Institute, customized training and development, academic programs and a wide range of consulting services. Continue reading →

Chicago Symphony Orchestra Returns to DuPage County

Once again, DuPage County welcomes the Chicago Symphony Orchestra for a series of summer concerts and events.

Last year, the Chicago Symphony Orchestra debuted a summer concert series at the Morton Arboretum in Lisle. Thousands of DuPage County residents and visitors enjoyed the symphonic music amid the magnificent trees in the lovely landscape of the Arboretum. Continue reading →

Customers Benefit from Record Reliability Generated by ComEd

Smart Grid, Infrastructure Upgrades Credited with Historic Service Performance CHICAGO (March 27, 2014) – ComEd today announced that its power system reliability in 2013 was the best in company history with the fewest customer interruptions, benefitting hundreds of thousands of residents and businesses throughout northern Illinois. Improvements stem largely from the utility’s substantial investments in building a “smart grid,” implementing vast power infrastructure upgrades and delivering exceptional performance by the ComEd workforce – from frontline first responders to backroom engineers and technicians. Continue reading →

Spotlight on Oakbrook Terrace

Oakbrook Terrace is the home to corporations like Ferrara Candy Company, Redbox, Graycor, the Chicago Automobile Trade Association, BCS Financial and The Joint Commission. With over 4,000,000 square feet of office development that is minutes away from downtown Chicago and O’Hare and Midway Airports, Oakbrook Terrace is a sought after location for corporate headquarters and office users. Continue reading →

DuPage County Accounts for Approximately 8% of Illinois’ Overall Private Sector Growth

Governor Quinn recently announced an independent study has identified Illinois as having one of the most thriving private sectors in the nation. The report stated that Illinois created 14% (18,000 plus) net private-sector business establishments from 2009-2012. Choose DuPage took a comparative look at how counties in Illinois contributed to this growth. Continue reading →

CCS International, Inc. chose DuPage County for big economy, great quality of life

Ian Parr
Ian Parr, President
When Ian Parr started his business, CCS International, Inc in 1979 out of his home in Glen Ellyn, he knew one day he would open the doors to a larger office somewhere in DuPage County. Within a short time CCS grew into a global capital project management and cost management services firm headquartered in Oakbrook Terrace. Continue reading →

Warrenville – a Place for Businesses of all Sizes

Warrenville, Illinois is a place for businesses of all sizes, from international corporations to small start-ups. The City of Warrenville possesses the location, transportation network, demographics, workforce, public services, quality of life amenities, and pro-business climate essential for success. Warrenville prides itself on being a business friendly and progressive small town with a proven commitment of working with the business and development community in a professional and helpful manner to accomplish positive business development and expansion outcomes. Continue reading →