BY THE NUMBERS
CHICAGO—Chicago ranks seventh on the list of the world's largest commercial real estate investment markets, with the its stock of investable assets standing at $300 billion, according to the latest research from CBRE. It is the fourth largest market in the US, behind New York, Los Angeles and San Francisco. “Chicago continues to be an attractive opportunity for local, national and international investors, due to its diverse economy, strong growth prospects, highly educated workforce and collection of trophy assets,” says Blake Johnson, executive vice president of CBRE. “The market draws top talent from a very healthy university system, including such institutions as Northwestern University and the University of Chicago, and has added 48,000 new office-using jobs since 2011. This has resulted in an extremely active and growing market, which supports one of the most diversified economies in the country.”
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
