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It’s been talked about for a while now (and we’ve talked about it before) – downtowns are on the rise. In the most recent issue of Midwest Real Estate News, the editor wrote about people, specifically millennials, wanting to live downtown.
“They want to live in a walkable community, one in which they can get to theaters, bars, retails and public transportation without having to jump in a car.
The best news? This is a trend that doesn’t look to be slowing. City officials continue to pur dollars into downtowns across the Midwest, Making these areas more attractive, to younger resident and older ones alike.”
This is a trend that everyone in commercial real estate needs to keep an eye out for – and one that we are discussing a the 2014 Fall Summit in Chicago. Affiliates will be discussing Revitalization and Reurbanization and how it impacts commercial real estate.
Find out more, and plan to join Midwest Real Estate News and our other sponsors in Chicago.
CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 49 offices in the U.S., 5 in Canada and 17 in international markets, including Australia, Colombia, France, Germany, Ireland, Israel, Italy, Japan, Mexico, Romania, Russia, South Korea, Switzerland and the United Kingdom. CORFAC offices completed more than 10,000 lease and sales transactions totaling 620 million square feet of space valued in excess of $8.2 billion in 2018.
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phone (224) 257-4400 | fax (224) 567-8674 | info@corfac.com
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