July Edition: Who is ready for some good news?

The last sector of commercial real estate to recover from the pandemic has been the office sector. With remote working on the rise, suburban Chicago office buildings have seen a decrease in absorption...until recently. In a new report, "transaction velocity for Chicago-area office properties during the 12 months up to April 2022 surpassed the number of trades recorded in 2019 before the pandemic hit," according to Bisnow.

What does this mean? Well, not only are investors interested in Chicagoland office buildings due to the increased demand, it also means we may see an increase in rental rates in the future. Now is the time to take advantage of optimal rental rates! In fact, at our Poplar Creek listing in Hoffman Estates, we're offering one of (if not) the lowest GROSS rate on the market.
  • $12.50 Gross PSF on as built space only
  • $15.00 Gross PSF for built out space (including $5 per each year of term for tenant improvements!)
We look forward to assisting you with your commercial real estate needs.

-Kevin O'Donnell
Chicagoland Commercial Real Estate News
Chicagoland Office Sparks Investor Interest

"Transaction velocity for Chicago-area office properties during the 12 months up to April 2022 surpassed the number of trades recorded in 2019 before the pandemic hit."

Optimal Facilities May Combat Nursing Shortage

"Combined with the lower than normal nursing school enrollment and aging baby boomers requiring more care, there is a continued gap for nurses. According to the U.S. Bureau of Labor Statistics (BLS) through 2030 that annual gap will be over 195,000 registered nurses...In addition to compensation, an optimized facility could play an important role in retention. "

Featured Medical Properties
Urgent Care Space
Available for Lease

  • Over 20 exam rooms/private offices and generous nursing area with multiple desks
  • Imaging room with x-ray tech booth power and infrastructure for CT scan
  • Large break room with kitchenette, plus a dedicated locker room
  • Infrastructure in place for complete urgent care triage, CT scan, X-ray, mammography
  • Waiting room, reception area, and multiple restrooms (staff or patient dedicated)
  • Open area ideal for physical therapy
  • Covered patient drop off/ambulance
Low Gross Office
and Medical Space

  • Suites up to 110,491 SF
  • Located across the street from AMITA Health St. Alexius Medical Center
  • Convenient access to O’Hare Airport and downtown Chicago via I-90
  • Ideal for large medical practices, administrative offices, and more
  • On-Site property management with secure key card access for after-hours
  • Lunchroom with vending machines
  • FedEx and UPS drop boxes on-site, plus twice-daily US Mail Pick-Up
  • Five-story structure with dramatic three-story atrium 
630.444.0444 • www.odcre.com