“This lease renewal and expansion illustrates Chicago's position and competitive strength as a top tech market, which has helped drive the growth of companies like Walker Sands,” says JLL's Andy Strand.
Stephanie Anderson, national sales director of Housing and HealthCare Capital, speaker at this week's RealShare Healthcare, talks to GlobeSt.com about the government, private pay sector and more top trends in healthcare real estate.
Two years of anticipated gridlock ease fears that political or economic policy changes will derail business expansion plans, setting the stage for further job creation and modest gross GDP growth, says Transwestern.
The current regional availability rate dropped to 9.27%, suggesting a positive near-term outlook for vacancy, including the 80% occupancy of the Joshua Green Building after URG moved into new HQ space.
The class A office space, high-lease rate, and superior leasing activity over the last 18 months made this purchase very attractive for M&J Wilkow and DRA, says JLL managing director Peter Harwood.
"Following the success of Metroplex One, we saw significant value in creating a striking and innovative ground-up development that could attract large, forward-thinking brands to the region," says Jerry Sweeney, president & CEO of Brandywine Realty Trust.