Chicago Suburban Office Research Results
Presented by: JLL
JLL is pleased to share the 2Q14 office reports for the Chicago suburbs. Included are the Office Statistics, Office Highlights, and Office Insight reports. Continue reading
Category: News
Illinois Unveils New Five-Year Economic Development Plan
CHICAGO—The Illinois Department of Commerce and Economic Opportunity (DCEO) today issued a five-year economic development plan for Illinois, a proposal that sets out the state’s priorities for encouraging private-sector job growth and business vitality, especially in regions with the highest poverty and unemployment. Continue reading
Governor Quinn Visits Bensenville, Illinois
Governor Quinn Visits Bensenville for New Wastewater Treatment Plant Project
Bensenville, IL – On June 19th, 2014 Governor Pat Quinn held a press conference at the Village of Bensenville’s Public Works facility for a New Wastewater Treatment Plant Upgrade Project. Continue readingAurora, Illinois Announces New Grant Program
New Downtown Finish Line Grant Program to Assist in Downtown Aurora Building Rehabilitation
(Aurora, IL) – Seize the Future Development Foundation, Aurora’s economic development public/private partnership, announced today The Finish Line Downtown Grant Program, a new grant program to provide building rehabilitation assistance to property owners in downtown Aurora. Continue readingDuPage County Chosen to Receive Federal Funds as a Manufacturing Community
Investing in Manufacturing Communities Partnership
DuPage County is part of a regional effort named as one of 12 “manufacturing communities” in the nation by the U.S. Commerce Department. The U.S. Commerce Department’s Investing in Manufacturing Communities Partnership initiative is part of the federal effort to support job creation and accelerate manufacturing growth. Continue readingA Premier Location for Headquarters and Residents Alike
Downers Grove, Illinois
2013 was a strong year for economic development in Downers Grove, and 2014 is shaping up to be even better. In addition to many new business projects, Downers Grove was the recipient of two national awards. Continue readingFifth Annual DuPage County Regional Business Outlook Event a Success
LISLE, IL, May 22, 2014 — “Corporations are willing to put money into their business,” 
according to Diane Swonk, chief economist and senior managing director at Mesirow Financial. “In the business community, orders are picking up as we see commitments by CEOs who want to invest in the future by replacing and not just repairing equipment.” Swonk shared her insights at the fifth annual DuPage County Regional Business Outlook. Continue reading
according to Diane Swonk, chief economist and senior managing director at Mesirow Financial. “In the business community, orders are picking up as we see commitments by CEOs who want to invest in the future by replacing and not just repairing equipment.” Swonk shared her insights at the fifth annual DuPage County Regional Business Outlook. Continue reading 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 readingCenterPoint 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