Caton News: Welcoming our new Property Management Director
Caton Commercial is proud to welcome Candace Green as our new Managing Director of Caton Property Management LLC. Candace D. Green is an accomplished real estate professional with over 15 years of experience in multifamily and commercial property management, asset repositioning, and client relations. As Director of Property Management at Caton Commercial, she leads with […]
Spring Property Inspection: Ensuring Safety and Minimizing Liabilities
Caton at REDinCHI Networking Event
Caton Commercial’s Managing Broker, Bill Caton, CIPS attended the REDinCHI event on April 19th at the Godfrey Hotel in Chicago. This networking event featured a “Fireside Chat” interview with Joe Cosenza, founder and Vice Chairman of Inland Real Estate Group.
Chicago Industrial Market Grows According To 2018 Report
The growth trend in industrial real estate that was happening in 2017 in certain Chicago submarkets continues to be strong in 2018. The submarkets like O’Hare and Central DuPage continue to set record low vacancy rates while other submarkets along the I-80 and I-55 corridors remain extremely attractive as well. Below is an article from rejournals.com that […]
What Impact Could Trump’s Tariff Announcement Have On CRE?
Predictions are being made on what the downstream effects could be to the Commercial Real Estate market with the recent announcement concerning tariffs on imported raw materials. There is speculation that the tariffs could cause an increase in the cost of these raw materials that will ultimately be absorbed by the consumer. And, if the […]
The Future Of Chicago’s Office Market Not Yet Clear
While the Chicago West Loop continues the momentum that started in 2017 as a prominent place for commercial real estate, River North has the lowest vacancy rate in the downtown submarkets. This is positive news for real estate owners. This low vacancy rate, however, can drive the cost of leasing upwards. Below is an article […]
Chicago’s Industrial Sector Remains An Investor Favorite Despite Vacancies
After a record-breaking year of investment in Chicago’s office market in 2016, there was a 42% drop in 2017. However, industrial investment dollar volume rose 35% through the first three quarters of 2017. New construction has played a major role in the vacancy rate, which has mostly been in the I-55 and I-80 corridors. Below […]
Why Chicago Made The Final Cut For Amazon HQ2
After receiving 238 proposals, Amazon has narrowed its search for HQ2 locations to a list of 20. This is exciting news as Chicago has made the list. Since most of the locations are in the east half of the United States and with 3 distribution centers in the Chicagoland area, there is optimism that they […]
Grand Opening of Brick & Minifigs in Crest Hill
Pictured from left to right: City of Crest Hill Ward 3 Alderman Marco Coladipietro, City of Crest Hill Ward 4 Alderman Nate Albert, Brick & Minifigs of Joliet owner Ryan Linsner, City of Crest Hill Mayor Ray Soliman, Caton Commercial Real Estate Senior Broker Andy Velkme, CIPS, Brick & Minifigs of Joliet Sarah Linsner, and […]
Sold-2551 N. Bridge Street | Yorkville, IL 60560
Caton Commercial has brokered the sale of 2551 N. Bridge Street | Yorkville, IL 60560. The property closed on December 18, 2017, with a final sales price of $765,000. The seller was Triumph Community Bank and was represented by Caton Commercial’s Brian Blackmore and Steve Caton, CCIM The buyer was Blake Mellecker and was represented by Inland Real Estate Brokerage’s […]