Chicago

But this transformation is still in its early stages, according to CBRE, and distributors have a lot of work to do.

The region has now seen 25 consecutive quarters of positive absorption.

Chicago now tops the US as the number of Energy Star labeled and LEED-certified buildings grown nationwide, and the spread of energy-benchmarking ordinances may spur further adoptions. 

Nearly half of the industrial space under construction has been pre-leased, the most since 2000, and this level of demand is seen in a broad cross-section of markets, not just ones on the coasts.

Chicago had one of the biggest jumps among global markets, and the Americas outpaced Asia and EMEA.

CHICAGO, INDIANAPOLIS—Empty big box spaces have opened up across the US, but top locations could see expansions from players not previously in the market. 

CHICAGO—The high cost of new development, coupled with the level of demand for new apartments, means even more developers will seek to buy out condominium associations.

CHICAGO—“One year ago, most buyers would have considered a deconversion deal for 207 units a long-shot,” CBRE's Haddadin says.