6 Economic Drivers to Watch in May

6 Economic Drivers to Watch in May

Economic Market Pulse – May 3rd 2023 – Steig Seaward GDP Climbs at Lackluster 1.1% Pace as U.S. Businesses Retrench The U.S. economy grew at a soft 1.1% annual pace in the first three months of this year, as declining business investment offset strong...
Vertical Farming Sparks New Hope for Downtown Offices

Vertical Farming Sparks New Hope for Downtown Offices

Across the street from Chicago’s City Hall, the 22-story Burnham Center may soon be home to the city’s first office-to-vertical farm conversion. After partnering with Agriplay to acquire technology rights, Farm Zero is currently negotiating with Golub...
What’s Going On with Investment Sales?

What’s Going On with Investment Sales?

Collier’s Quick Hits | Aaron Jodka The commercial real estate investment sales sector was up from January, but continues to see major headwinds with rising rates and an uncertain economic future. Office remains the weakest sector while retail led all asset...
Hospitality Opportunities are Widespread

Hospitality Opportunities are Widespread

Colliers Quick Hits | Capital Markets Colliers Capital Markets recently spoke to Mark Owens, Vice Chair and leader of Colliers’ national hospitality practice group, about the myriad opportunities in the space.  Colliers Capital Markets (CCM): What’s the outlook...