As much of Chicago’s office market struggles to regain its footing, the booming life sciences and biotech industry is poised to change the landscape in and around the downtown core. The fundamental problem is the lack of research and development and lab space to keep up with the demand. Hazel Technologies – a USDA-funded agricultural […]
Artificial intelligence, virtual reality, the Internet of Things… all trending technologies that are showing up everyplace from online shopping recommendations to continually monitored physical systems. This big data is collected, analyzed and deployed to help users make smarter choices and is increasingly guiding forces across the commercial real estate industry. Beyond property management and building […]
By working together, Prologis and ML Realty Partners, along with brokerage firm Cawley Chicago, were able to complete a particularly challenging site acquisition of a neighborhood of 108 homes and move forward with industrial development on the site. Attendees at NAIOP’s CRE.Converge 2022 in Chicago had the opportunity to visit the newly constructed warehouse projects […]
How does the labor supply impact investment, site selection and development at a time when workers have become more of a scarce resource than at any time in recent memory? Panelists grappled with that question in a CRE.Converge 2022 session moderated by Bret Swango, CFA, senior vice president at Colliers. Swango set the stage by […]
