Chicago Commercial Real Estate Services

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Local
research

Chicago Industrial Insight - Q4 2021
Chicago Downtown Office Insight - Q4 2021
Industrial Warehouse Storage Space
Chicago Industrial Submarket Report – Q3 2021
Chicago Suburbs Office Insight - Q3 2021
Chicago Industrial
Chicago Industrial Submarket Report – Q2 2021
Chicago Industrial Submarket Report – Q1 2021
Chicago industrial 4Q industrial submarket report
Glass Architecture Design
Chicago Downtown Office Insight - Q4 2020
2021 Midwest Industrial Outlook
Chicago industrial market seeing less severe pandemic impacts
Chicago’s Class A apartments – resilience during the last downturn
Chicago’s Class A apartments – resilience during the last downturn
Chicago: Could Cook County’s inevitable tax expense hike shift Lake Cook Road tenants to Lake County?
Chicago rents have historically been resistant through a recession
Tech sector in Downtown Chicago reconsiders Class B product in 2019
Slower rent growth and increased tax transparency benefiting the Chicago suburban office market
Modernized amenity-rich offices outperform the rest of the market in Chicago Suburbs
In Chicago, Large leases on track to match 2018’s record year and dominating in the West Loop
Chicago direct vacancy falls below 10% for the first time in twelve quarters
BOMA Standards – How They’re Utilized in Chicago
Chicago submarkets with more boutique fitness studios have slimmed down vacancy rates
Despite Rising Property Taxes, Job Growth and Leasing Maintains Pace in Chicago
Chicago’s largest law firms rightsize their space
Of Chicago’s 50 fastest growing companies, over half are headquartered in the suburbs
River North continues to be Chicago’s epicenter of Innovation in 2019
After slow start, investment sales volume picks back up in Chicago
Chicago sublease availabilities down 20% from last year
Class A buildings west of the River and north of Madison reveal a leasing advantage to entire Chicago submarket
Over 22,000 multifamily units were added near MBTA Rapid Transit stations since 2010
Chicago is the number one city for median multiple on invested capital
man signing legal paperwork
Will law firms in Chicago continue to ink deals along the river?
townhomes in Chicago suburbs
Millennial home ownership sees growth in Chicago suburbs
empty office space
Average 2018 leases compared to floor plates hint to where larger deals happen in Chicago
Chicago: Central Loop’s changing tenant profile
Skyscraper reflected in the windows of another skyscraper
Chicago Fulton Market leasing keeps pace with new development
Proximity to major retail gives boost to Chicago Class A product
coworkers reviewing performance data in modern office space
Chicago: Innovation drives decision to downtown
modern office complex in Chicago suburbs
Experiential living makes its way to the Chicago suburbs
Chicago O’Hare regains crown as busiest U.S. airport in 2018
CityWorks given approval to light up the Chicago suburbs
Chicago CTA Transit Renovations as urban migration continues
Chicago Suburbs: Veridian development is for the whole family
Chicago Sterling Bay’s Lincoln Yards lives on
Chicago Opportunity Zones: What they are and why they might define 2019 real estate investing
Chicago has seen 215% growth in flexible space since 2012
University of Illinois at Chicago unveils 10-year development plan
One Winnetka seals final approval in Chicago suburbs
New life is brought to the southwest Chicago Loop
Silicon Prairie 2.0 or is P33 the solution to Chicago’s tech ranking woes?
While thousands of square feet are leaving the Central Loop, one building is standing out and dominating

Local
insights

Two people using technology in an office
How to support employee connectivity without sacrificing workplace flexibility
Roosevelt University buildings in Chicago
Roosevelt University’s smooth integration moves
hybrid workplace for office workers along with artificial intelligence
Harnessing the power of AI to create better workplaces
JLL helps transform the Greater Chicago Food Depository
Exterior of old post office
The iconic Old Chicago Post Office, reinvented
Office worker waiting for metro
Office workers' biggest concern? Commuting
Entrance for medical healthcare workers
How cities mobilized to convert spaces into COVID-19 care facilities
Why technology-enabled real estate decision-making will outlast the coronavirus pandemic
Three states share lessons learned in their real estate transformations
Need short-term office space? Better call a JLL “Flexpert”
Improving workplace culture through real estate
Cross Mentoring: one person sharpens another
From rundown to revamped: US fringe markets hit their prime
Man taking coffee from Machine and discussing with others
These six office perks are here to stay
These four megatrends will lead change in real estate over the next decade
?openhagen, Denmark - Aerial view of Superkilen Park on sunny winter day in Copenhagen. There are many lines in park. it is local area.
Hustle & Bustle
The Milkman Model is Back
Find your space
How the labor shortage spawned an amenities boom
Economic Dominance: The labor shortage and metro economies
Success in the suburbs: why a presence outside Chicago city limits can have its perks
Success in the suburbs: why a presence outside Chicago city limits can have its perks
Prologis deal highlights demand for warehouses
Planning for the ‘multi-experiential’ workforce
Customers take a yoga class offered by the Tishman Speyer Properties LP Zo program and app at Rockefeller Center in New York, U.S., on Monday, Feb. 26, 2018. Tishman Speyer Properties has extended to workers an app-driven world of health, education and pampering -- and fighting off rival landlords in a battle to woo corporate tenants by appealing to their employees. Photograph: Victor J. Blue/Bloomberg via Getty Images
Office envy: companies focus on the experience-driven workplace
Three things to know about managing a building with flex space
lady working in pharmaceutical lab
Why flexible space is a major breakthrough in lab design
Upgraded office amenities that are changing the game
Why Brand Matters!
7 talent trends you can’t ignore
As tech IPOs hit record numbers, who is watching the real estate?
Hyatt cares for people so they can be their best.
How location impacts your business and bottom line
BMO Harris - Building the workforce of tomorrow
Is data the new oil?
Tax opportunity knocks for investors in lower income areas
On the move: Navigating your way to a new office
How much is too much? How to achieve your occupancy goals
Modular might be the future of construction
Cities around the globe are encouraging more foot traffic
CRE disruption provides brokers and clients with faster, better tools
Communication essential for successful distributed workforces
Dynamic workplace: Evaluating your space in the face of change
Transformed North American headquarters exceeds expectations
Beyond the city: why Chicago suburbs are still very much alive
Universal Technical Institute moves to increase efficiency and receives real estate tax relief
How will the four markets stack up?
Digital is altering physical space
Trade Talk: The five miles of uncertainty
As demand for fast delivery rises, warehouses increase to meet demand

Recent
news

City View at the Highlands near Chicago financed
$73.5M in financing secured for Chicago-area multi-housing community
Sean Ryan and Will Sledge were appointed co-heads of the JLL Capital Markets national Loan Sales platform
JLL’s Capital Markets group appoints new loan sales leadership
City View at the Highlands near Chicago sells
Another large multi-housing community in suburban Chicago trades to NYC investor
Oakmont Point in Chicago
JLL arranges $21.7M acquisition of Class A office in Chicago’s western suburbs
Benjamin Hestir, VA new hire
Environmental site assessment pro joins JLL’s new EPC team
1717 Ridge Ave in Evanston, IL
Multi-housing community in top Chicago suburb sells
Market Plaza retail center in Glen Ellyn, Illinois
Suburban Chicago retail center with grocery anchor sells for $30.2M
hotels in a tourist location
Revenue stream diversification to drive hotel profitability in 2022
healthcare building at 4901 Searle Parkway in Skokie, Illinois
Healthcare building within The Illinois Science + Technology park trades
Office buildings in a central business district
Value-add office is back in favor, up sharply from 2020 levels
Student Housing Stock Image
New investors make student housing sector more competitive
Industrial distribution and warehouse building
Industrial acquisition outside Chicago financed for Unilev Capital
Oak Brook Heights in Chicago, IL
Value-add apartment and townhome asset in DuPage County sells to active Chicago investor
IOV new industrial sites
JLL announced close of two industrial properties for Industrial Outdoor Ventures
The Life Sciences Portfolio in Skokie, IL
JLL closes sale and financing of a purpose-built Chicagoland life sciences portfolio
The New Colonies near Chicago
$69.5M sale of suburban Chicago multi-housing community closes
Brook Run in Arlington Heights, IL
Suburban multi-housing community near Chicago trades
Evergreen Plaza neighborhood shopping center in Evergreen Park, Illinois
Whole Foods-anchored retail center near Chicago sells for $67.25M
office building at 900 W. Randolph St. in Chicago's Fulton Market District
Financing lined up for a mixed-use portfolio in downtown Chicago
Three person sitting on chair enjoying technology
Dennis Vicchiarelli joins JLL Chicago research & strategy team
Prairie Point Shopping Center near Chicago
Chicago-area retail center anchored by Mariano’s Fresh Market sells
Avant in Ann Arbor, MI
Capital secured for new Class A multi-housing community in southeast Michigan
Office building
JLL increases investment in suburban office brokerage team to accommodate market demand
Edens Corporate Center Class A office property located in Chicago’s prestigious North Shore sold
JLL Hotels & Hospitality adds finance veteran, Mike Wernet, to its growing global Asset Management platform
JLL Hotels & Hospitality adds finance veteran, Mike Wernet, to its growing global Asset Management platform
1 Glenn Place near Madison, WI
New multi-housing community near Madison sells
JLL Valuation Advisory hires George Bouchie, Ken Voyles and Lisa Dorn
Uptick in demand drives growth in new JLL Valuation Advisory service
2625 Butterfield Office Plaza office building in Oak Brook, Illinois
$18.5M refinancing arranged for recently renovated office property
The Pitch flexible office and meeting space
JLL to manage new flex space at One North State in Chicago
JLL promoted Tony Lenamon to Americas Head of Valuation Advisory
Lenamon promoted to Americas Head of Valuation Advisory for JLL
One and Two Conway Park in Lake Forest, Illinois
Prestigious North Shore office buildings land $33.02M financing
321 N. Clark office tower in Chicago
JLL arranges $296M refinancing for 321 N. Clark in Chicago
Joe Gordon Headshot
Real estate veteran Joe Gordon joins JLL as Managing Director
Shopping cart in essential retailer
Investor demand returns to retail as consumers spend again
Trophy Barrington multi-housing property purchased for $20.75M
Industrial Building
Diamond Realty Holdings sells stabilized industrial building in Chicago’s Kinzie Industrial Corridor
CM deal
Grocery-anchored retail center near Cleveland sells for $10.5M
746-unit Crestwood Self Storage facility in Crestwood, Illinois
Stabilized self-storage portfolio in Houston and Chicago trades
Affordable housing deal in Chicago
Affordable housing community in Chicago suburb sold for $93.5M
10-property retail portfolio financing
JLL arranges $197M debt package for 10-property national retail portfolio
recapitalization of a 15-building multi-use logistics portfolio in Chicago
New joint venture ramps up Chicago industrial investments
Sale and acquisition financing of independent living community in Detroit suburbs completed
Jeff Manas will head JLL Valuation Advisor's new Environmental and Property Condition service
JLL Valuation Advisory adds new service line and key hire
New Director National Accounts for JLL's PM team
JLL’s Property Management team demonstrates continued momentum with new hire, Sean McNamara, as Director of National Accounts
co-workers greet each other safely in the work place
Pandemic puts spotlight on ensuring healthy workplaces as companies plan a return to the office
New Hire on PM team.
Technology infrastructure expert Jason Lund joins JLL’s Property Management group
Erik Hill has been promoted to National Practice Leader of Healthcare for JLL Valuation Advisory
JLL Valuation Advisory Healthcare Group positioned for growth
Prestigious office tower in Chicago at 123 North Wacker
$153M refinancing secured for Chicago CBD office tower
JLL Director Philip Galligan will focus on debt and equity placement transactions
Debt expert joins JLL’s Chicago Capital Markets group

Client
stories

Roosevelt University buildings in Chicago
Roosevelt University’s smooth integration moves
hybrid workplace for office workers along with artificial intelligence
Harnessing the power of AI to create better workplaces
JLL helps transform the Greater Chicago Food Depository
Hyatt cares for people so they can be their best.
BMO Harris - Building the workforce of tomorrow
Transformed North American headquarters exceeds expectations

Chicago
leadership

Agency Leasing, Downtown
Brad Despot
Senior Managing Director, Brokerage


 

Agency Leasing, Downtown
Mike Curran
Senior Managing Director, Brokerage


 

Agency Leasing, Suburban
Jeff Shay
Executive Vice President


 

Capital Markets
Jaime Fink
Senior Managing Director, Capital Markets, Chicago & Columbus Offices Co-Head
  • License #: IL-471.010204 +2

    WI-54163-90

    VT-081096202


 

Capital Markets
Danny Kaufman
Senior Managing Director, Chicago & Columbus Offices Co-Head
  • License #: IL-475.141468 +1

    MO-2012028715


 

Capital Markets
Keith Largay
Senior Managing Director, Chicago & Columbus Offices Co-Head


 

Industrial
John R. Picchiotti
Managing Director


 

Industrial, Project & Development Services
Rick Steger
Managing Director, Industrial Practice


 

Industrial, Property Management
Ben Bischmann
Executive Vice President


 

Project & Development Services
David Roberts
Managing Director, Central Region
Property Management
Steve Zsigray
Regional Manager, Property Management


 

Retail
Walter Wahlfeldt
Executive Vice President, Retail Corporate Services


 

Tenant Representation
Todd Mintz
Senior Managing Director
Tenant Representation, Downtown
Matt Carolan
Executive Managing Director
Tenant Representation, Suburban
Andrea VanGelder
International Director


 

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ambitions?

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