How E-Commerce Will Drive Industrial Change
As e-commerce continues to grow, so do the demands for the best supply chain management facilities. These facilities are different than that traditional industrial distribution centers. These facilities need to accommodate sending packages to individual homes, not just sending large truckloads to retail stores. They also require more employee parking and fewer docks for trucks. […]
10 Sites Chicago Pitched To Amazon For HQ2
In July 2017 Amazon opened a third distribution center in the Chicagoland area. Now Chicago is looking to become the location of Amazon’s Second Headquarters (HQ2). The city officials believe the HQ2 in Chicago would provide the support needed for Amazon to continue future growth. Below is an article from rejournals.com that outlines the details of the […]
How Last-Mile Logistics Are Impacted By The Move Toward Urban Fulfillment Centers
As the growth of online retail continues, customers desire shorter delivery times and companies are searching for ways to meet those desires. In an effort to have an edge over their competitors, companies are using strategically located distribution centers and technology for the solution. Check out the article below from Bisnow.com that describes how the […]
How The Roommate Experience Has Changed Because Of Co-Living
Although the concept of coliving has been around for a long time, there have been many varieties over the years. The latest version of coliving today includes high-quality amenities with an all-inclusive price and the ability to be mobile without incurring penalties. Below is an article from globalrealestateexperts.com that gives details into a housing concept […]
The Importance Of CRE Connectivity
Connectivity in an office building is no longer a luxury, it is as important as having electricity and water. Over the last 5 years, businesses have seen an increase in needing and requiring the highest possible speed on a wireless network for their employees and customers. Below is an article from naiop.org that where Boingo’s […]
The Chicago Suburb Of Wheeling Prepares For $110M Downtown Center
Excitement is in the air as the village of Wheeling is finally going to have a designated downtown area. At the cost of $110 million, the area will include apartments, a movie theater, retail shopping and various restaurants. Increased residential growth is also anticipated. Below is an article from constructionequipmentguide.com that describes in detail all […]
New Construction Will Impact Another Round Of Chicago Office Moves
During the first half of 2017 Chicago has seen an increase of almost 7000 employees in the downtown area. Most of this is due to an influx of companies from suburban Chicago and the expansion of the tech sector. Additionally, as the amount of available space decreases the rent is trending upwards. Below is an […]
Amazon Opening Third Chicago-Area Warehouse In Romeoville
As consumers desire short delivery times for their goods, the need for suppliers to open additional fulfillment centers increases. Warehouse space needs to be strategically located to meet these needs. Below is an article below from chicagotribune.com that includes the details of the 3rd Amazon fulfillment center in the Chicagoland area. After you read the […]
SOLD – 1100 Roosevelt Rd. Glen Ellyn
Caton Commercial Real Estate Group has sold the property at 1100 Roosevelt Rd. in Glen Ellyn. The property closed in June, 2016 with a final sales price of $300,000. The seller was 2nd Generation Properties, Glen Ellyn, LLC. It was purchased by Combined Oil with the intention to develop the property as a new gas […]
Bulldog Ale House Opens 6th Location in Rolling Meadows
Caton Commercial Real Estate Group tenant Bulldog Ale House has opened its 6th location at 1480 Golf Rd. in Rolling Meadows, Illinois. The 6,000 SF building, previously a Chili’s restaurant, was completely renovated to modernize the appearance and add seating. New ownership also added two patios with outdoor fireplaces. The inside of the restaurant features […]