Joshua Hearne Becomes Principal

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I am pleased to announce that Joshua Hearne has become a key investor at Cawley Chicago, the first such partnership in our 18 year history. Josh joined the company as an intern during college 11 years ago and has become one of the most accomplished I-80/55/294 industrial brokers. Throughout his career, Josh has achieved several professional goals including multiple Top Producing Broker awards, earning Society of Office and Industrial Realtors (SIOR) honors and now Principal. I am honored to be working alongside him and look forward to many continued years of success.

– Dan Cawley

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David Conroy of Cawley Chicago Recognized as Finalist for Frank Mahoney Award

Original post | Re-post Cawley Chicago 11.9.16

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A field of finalists have been announced for the Association of Industrial Real Estate Broker’s (AIRE) 2016 Frank Mahoney Award. The award presentation on Nov. 8 celebrates the 26th anniversary of the presentation of the first award, and helps AIRE continue its 60th Anniversary Celebration.

  • David Conroy, Cawley Chicago: David is a senior associate at Cawley Commercial, a firm he joined immediately out of school in 2013. He focuses on tenant and building representation in the Northern Cook and Lake County markets. Conroy is a graduate of the University of Wisconsin. Rachel Wanroy of Burke, Warren, MacKay & Serritella said, “I trust David with my most important clients … to provide the best representation. I think he is an excellent candidate for this award.”

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I-355 Speculative Buildings Filling Up Fast

Original post: www.GlobeSt.com | Re-post Cawley Chicago 10.31.16

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DFS, Inc., recently signed a 62,598-square-foot lease at 355 Corporate Center building #2 in southwest suburban Lockport, bringing the 228,690 square foot spec building to 100% occupancy just a few months after its completion by Panattoni Development.

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This was the last remaining space within Phase I of the development. Panattoni recently started on Phase II of the project, breaking ground on a 300,158-square-foot building that it plans to complete by spring 2017. And with so many users still out there looking for space, company officials have a great deal of confidence in the future.

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Brian Nagle Joins Cawley Chicago Capital Markets Team

Original post www.REJournals.com | Re-post Cawley Chicago 10.18.2016

 

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Cawley Chicago has announced that Brian Nagle has joined its Capital Markets division, focusing on the sale of office and industrial investment properties throughout the Chicago metropolitan area and the other major Midwest markets.

Nagle  has more than 30 years of capital markets experience involving all forms of investment real estate and has successfully completed transactions with a total value of more than $20 billion.

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Gallagher & Conroy Team of Cawley Chicago Sponsors Chicago Charity Clays

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Timothy Gallagher and David Conroy, of Cawley Chicago, sponsored a shooting station at Chicago Charity Clays, a large charity event for American Veterans.

Other guests included were Jeff Lanaghan at IDI Gazely, Robert Bevis of Law Weapons, Judge William Gomolinski, Bill Gomolinski of Merril Lynch, and Danny Gallagher.

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Mid-Sized Office Tenants Drive Suburban Absorption

Original Post www.GlobeSt.com | Re-post Cawley Chicago 10.10.2016

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The suburban market has seen numerous small to mid-sized firms grow, which in turn has assisted in rising absorption and depressing the vacancy rate of office buildings in the area. Click to read more…

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Chicago Industrial Cap Rates Holding Steady

Original post www.GlobeSt.com | Re-Post Cawley Chicago 10/6/16

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Despite a slowdown in investment activity, robust leasing activity, low vacancy rates and a healthy balance of supply and demand kept cap rates stable in Chicago-area industrial product over the first half of 2016…Cap rates for class A properties in the Chicago-area sit between 4.75% and 5.5%, down from 2015 and lower than the national average of 5.5%.

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