April Edition: Who is ready for some good news?

For decades the Chicago office market has always been more desirable than its suburban counterpart. Add in the "work from home" pandemic-driven necessity, and the suburban office market seemed a far cry from a rebound. Today, however, demand is turning and economists believe a comeback is near. With the migration of residents to the suburbs, the convenience of suburban office space is outweighing the benefit of a desirable Loop address. Read more below!

We hope this email finds you in good health. As always, please contact us regarding your commercial real estate needs.

-Kevin O'Donnell
Chicagoland Commercial Real Estate News
Multi-Family Outpaces Industrial RE

"Commercial real estate investment has more than recovered from its pandemic-induced slump and is slated to grow further this year, with CBRE projecting a 10% investment increase year-over-year in 2022."

Suburban Office Coming Back Strong

The suburban office market has had its fair share of struggles, from the historical popularity of downtown Chicago offices to the "work from home" pandemic-forced status. Today investors believe that the migration of people into the suburbs means a swift comeback for suburban office space.
Featured Medical Properties
Urgent Care in South Elgin

  • +/-16,202 SF fully built out urgent care space
  • Imaging room with x-ray booth + infrastructure for CT scan, mammography
  • Large break room, kitchenette, locker room
  • Generous nursing area, reception, waiting room, and multiple restrooms
  • Open area ideal for physical therapy
  • Covered patient drop off, just off Randall Road
1600 Randall Road, Elgin

  • 1,659 SF to 20,3339 SF available
  • Custom designed suites available
  • Just south of I-90 at Randall Road
  • Across from Advocate Sherman Hospital
  • Join Suburban Orthopaedics, Derick Dermatology, and other medical practices in this desirable 4-story medical office building
630.444.0444 • www.odcre.com