mb real estate's 2012 4th quarter chicago market overview submarket snapshots

C O M P I L E D B Y M B R E A L E S T A T E

F O U R T HQ U A R T E R

2012 CHICAGOSUBMARKET SNAPSHOTS

CHICAGO

FOURTH QUARTER

2012SUBMARKET SNAPSHOTS

TABLE OF CONTENTS

SECTION THREE

ABOUT MB REAL ESTATE

SECTION ONE

CHICAGO CENTRAL BUSINESS DISTRICT

13 Company Overview

The Chicago Market Overv iew is publ ished quar ter ly by MB Real Estate.

To obta in addi t iona l copies or for fur ther in format ion, p lease contact :

JACK GAVINSenior Research Coord inator

or

SCOTT MASONResearch Coord inator

181 West Madison Street , Su i te 4700 Chicago, I l l ino is 60602

(312) 726-1700

w w w . m b r e s . c o m

SECTION TWO

SUBURBAN CHICAGO

SUBURBAN SUBMARKET SNAPSHOTS

08 Suburban Map09 East-West10 North11 Northwest12 O’Hare

CBD SUBMARKET SNAPSHOTS

01 Central Business District Map02 Central Loop03 East Loop04 North Michigan Avenue05 River North06 South Loop07 West Loop

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CENTRAL BUSINESS DISTRICT MAP

F O U R T H Q U A R T E R 2 0 1 2 | C H I C A G O S U B M A R K E T S N A P S H O T S

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CENTRAL LOOPDirect and sublease space post strong vacancy declines

CENTRAL LOOP SUBMARKET HISTORICAL DIRECT VACANCY

The Central Loop outperformed all other submarkets in terms of netabsorption and reduction in direct vacancy during the fourth quarter.Comprising 28 percent of the total CBD inventory, the Central Loopaccounted for over 59 percent (148,000 square feet) of the market’s netabsorption. This led direct vacancy to fall 40 basis points to 13.2 percent.

The Central Loop saw sublease vacancy decrease 100,000 square feetto 919,000 square feet. This was largely due to Capital One FinancialCorp. subleasing 65,000 square feet from United Airlines at 77 WestWacker. Despite this, the Central Loop has the second highest percentageof sublease vacancy in the CBD at 2.6 percent of inventory and UnitedAirlines continues to market a 175,000 square foot block.

Grant Thornton signed a new lease for 137,000 square feet and namingrights at 161 North Clark. The professional services firm will relocatefrom 175 West Jackson in what was the second largest transactionduring the quarter. Greenberg Traurig renewed 112,000 square feet at 77

LARGEST BLOCKS OF DIRECT AVAILABILITYBuilding Address Size (sf) Building Class

222 N LaSalle St * 199,132 B

200 N LaSalle St 164,586 B

11 S LaSalle St 146,313 C

10 S Dearborn St * 139,165 A

1 N Dearborn St 97,261 B

120 S LaSalle St 94,995 B

175 W Jackson Blvd 68,539 B

175 W Jackson Blvd * 67,794 B

175 W Jackson Blvd 67,725 B

77 W Wacker Dr 67,342 A

CENTRAL LOOP SUMMARY A B C Total

Inventory (square feet) 13,573,287 14,242,003 8,628,797 36,444,087

Year to Date Absorption (square feet) 94,785 (36,526) 105,661 325,211

Direct Vacancy Rate 9.0% 15.8% 15.7% 13.2%

Total Vacancy Rate (Direct + Sublease) 13.0% 18.1% 16.2% 15.8%

West Wacker and Heartland Alliance consolidated multiple suites at 208 South LaSalle into 37,000 square feet of contiguous space.

No buildings traded, but two properties went under contract in the fourth quarter. After Harbor Group International brought 111 WestWashington to the market last quarter, the Shidler Group is moving forward to buy the Class C property for $79.5 million. BerkleyProperties is now under contract with Gramercy Capital to purchase the Class B, 231 South LaSalle for a reported $97 million.

The Central Loop’s boundaries are the Chicago River (North), Wells Street (West), State Street (East), and Van Buren Street (South).


* Indicates future available spaceItalicized addresses indicate new blocks this quarter

Numbers in parentheses are negative

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EAST LOOPOccupancy levels slowly rise

EAST LOOP SUBMARKET HISTORICAL DIRECT VACANCY

The East Loop experienced improvements in occupancy for Class Aand C buildings. Their combined 49,000 square feet in positivequarterly absorption overshadowed slight quarterly negativeabsorption in Class B buildings. The East Loop’s direct vacancy ratecontinues to drop falling to 19.7 percent. However it is still well abovethe overall market with nearly a quarter of Class B space availablefor direct lease.

After subleasing 396,000 square feet in its namesake building, AONsigned a new direct deal at 200 East Randolph (AON Center),representing the market’s largest lease transaction of the quarter.Standard Parking signed a new lease at 200 East Randolph and willoccupy 41,000 square feet. Other large transactions includeMaximus signing a lease for 70,000 square feet at 303 East Wackerand Sears Online expanding by 27,000 square feet at 1 North State.

Contiguous blocks of at least 100,000 square feet decreased from

EAST LOOP SUMMARY A B C Total


Year to Date Absorption (square feet) 119,587 55,356 (124,914) 50,029




200 E Randolph St 306,091 A

130 E Randolph St * 256,720 B

303 E Wacker Dr 182,782 B

130 E Randolph St * 155,829 B

130 E Randolph St 128,948 B

333 S Wabash Ave 112,000 B

401 S State St 110,898 C


33 S State St 70,107 C


eight to seven, but still constitute the highest concentration of blocks of this size in the CBD.

No buildings were sold in the fourth quarter, but Michael Silberberg and Mark Karasick agreed to invest $100 million into the two-building Prudential Plaza (130 East Randolph and 180 North Stetson) in exchange for a controlling interest in the property. Currentowner BentleyForbes had been seeking to recapitalize the building as it faced $470 million in maturing debt and a 21% occupancyloss over the next two years due to Baker McKenzie and Integrys vacating a combined 469,000 square feet.

The East Loop is bordered by the Chicago River (North), State Street (West), Lake Shore Drive (East), and Van Buren Street (South). Itis inhabited mostly by advertising and media firms and corporate tenants.


* Indicates future available space


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NORTH MICHIGAN AVENUELarge blocks of vacancy remain despite uptick in quarterly absorption

NORTH MICHIGAN AVENUE SUBMARKET HISTORICAL DIRECT VACANCY

The North Michigan Avenue submarket experienced its second straightquarter of positive absorption after a steady two year decline inoccupancy. Yet the 35,000 square foot quarterly occupancy increasecoupled with a 60,000 square foot increase in the third quarter was notenough to achieve positive net absorption for the year. Total subleasevacancy increased just over 10,000 square feet in a relatively quiet fourthquarter for the North Michigan Avenue submarket.

Large activity was once again muted as no new lease transactions over20,000 square feet were signed in the fourth quarter. The submarket haslagged other submarkets in attracting new, large tenants to fill severalsizable vacant spaces.

With six contiguous blocks of at least 100,000 square feet, the NorthMichigan Avenue submarket has numerous availabilities for large users.The two largest contiguous blocks are 351,000 square feet at 515 NorthState and 318,000 square feet at Tribune Tower (435-445 North

NORTH MICHIGAN AVENUE SUMMARY A B C Total


Year to Date Absorption (square feet) 128,641 71,533 (348,556) (148,382)




515 N State St * 350,906 A

435-445 N Michigan Ave * 317,706 C

101 E Erie St * 217,569 A

410 N Michigan Ave * 214,849 B

401-465 E Illinois St 210,000 C


455 N Cityfront Plaza Dr 89,854 A

360 N Michigan Ave 76,855 C

740 N Rush St 71,501 C


Michigan).

The North Michigan Avenue submarket is home to retailers, hotels, restaurants, entertainment venues, advertising and marketingagencies, and the large Northwestern Memorial Hospital campus. Its borders include Division Street (North), State Street (West), LakeMichigan (East), and the Chicago River (South).


* Indicates future available space** Indicates space available in current quarter

Italicized addresses indicate new blocks this quarter


RIVER NORTH SUMMARY A B C Total


Year to Date Absorption (square feet) 171,194 169,672 (22,129) 318,737



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RIVER NORTHDirect availability continues to fall, but sublease vacancy skyrockets

RIVER NORTH SUBMARKET HISTORICAL DIRECT VACANCY

River North continues to have the lowest direct vacancy rate in the CBDand experienced positive quarterly absorption of 26,000 square feet.Class C performance lagged as it was the only class to have negativeabsorption. However, total vacancy in River North jumped 1.3 percent to14.3 percent as sublease vacancy increased by almost 200,000 squarefeet.

While having no contiguous direct blocks over 100,000 square feet, theRiver North submarket has three of the largest blocks of contiguoussublease space in the CBD. AT&T, Level 3 Communications and, mostrecently, Career Education Corporation are all marketing their respectivespaces at 350 West Mart, 600 West Chicago and 222 Merchandise Mart.


350 W Mart Ctr * 87,404 B

350 W Mart Ctr 87,393 B

222 Merchandise Mart Plz 68,829 B

350 W Mart Ctr 64,661 B

321 N Clark St 61,431 A

Fiserv renewed its lease of 50,000 square feet at 350 North Orleans, reinforcing River North’s stature as the technology hub of theMidwest. Insurance brokerage Hub International subleased 25,000 square feet at 300 North LaSalle.

There has been little investment activity since the second quarter, but two properties are being marketed. KBS REIT 2 is selling up toa 49 percent stake in the trophy tower at 300 North LaSalle, which could fetch upwards of $600 per square foot, and Joseph Lagoahas reduced the asking price for the loft building at 540 North LaSalle to $8.5 million.

The borders of the River North submarket are defined as Division Street (North), Racine Avenue (West), State Street (East), FultonStreet, and the Chicago River (South). It has historically been home to small, older buildings catering to art galleries, furniture studios,and small businesses but has seen new development, which has brought law firms and financial institutions to the submarket.




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SOUTH LOOPWoes continue for the CBD’s smallest submarket

SOUTH LOOP SUBMARKET HISTORICAL DIRECT VACANCY

Comprised of just over 2.2 million square feet, the South Loop is thesmallest submarket and is subject to large swings in vacancy rates.Several trading and financial firms that have historically occupied spacein the South Loop have been reducing space requirements or relocatingto other submarkets across the CBD. This has caused direct vacancy inthe South Loop to increase over 100 basis points to 27.3 percent, by farthe highest rate in the CBD.

440 South LaSalle (One Financial Place), South Loop’s only Class Abuilding, continues to struggle with the loss of MF Global in the secondquarter. The building is marketing three contiguous blocks ranging from53,000 to 163,000 square feet. Recent leasing activity and subsequentmove-ins next quarter are expected to help lower the building’s roughly30 percent direct vacancy rate.

The South Loop, while farther from the major commuter train stations

SOUTH LOOP SUMMARY A C Total

Inventory (square feet) 1,019,325 1,166,135 2,185,460

Year to Date Absorption (square feet) (92,006) (67,287) (159,293)

Direct Vacancy Rate 29.7% 25.2% 27.3%

Total Vacancy Rate (Direct + Sublease) 30.8% 25.4% 27.9%

LARGEST BLOCK OF DIRECT AVAILABILITYBuilding Address Size (sf) Building Class

440 S LaSalle St * 159,539 A

619 S LaSalle St 89,000 C

440 S LaSalle St * 67,322 A

440 S LaSalle St * 53,143 A

than the West Loop and Central Loop, has direct access to the CTA trains. It is also closest to the residential area of the South Loop,an up and coming location for young professionals. Yet with only one Class A and no Class B buildings and tenants looking to upgradetheir office space to take advantage of attractive rents, it will likely trail the recovery because of its limited options.

The boundaries of the South Loop include Van Buren Street (North), I-90/I-94 (West), Lakeshore Drive (East), and 16th Street (South).The South Loop is populated primarily with education, small businesses, and converted residential properties.




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WEST LOOPDemand for Class A returns as occupancy improves in CBD’s largest submarket

WEST LOOP SUBMARKET HISTORICAL DIRECT VACANCY

Buoyed by a return of positive absorption in Class A buildings, the WestLoop saw direct vacancy drop 30 basis points to its lowest level in overthree years. Its proximity to major transportation and its inventory of someof the newest buildings in the CBD has made the West Loop the premiersubmarket in Chicago. With 133,000 square feet of net positiveabsorption, only the Central Loop outperformed the CBD’s largestsubmarket.

Class A buildings rebounded from a disappointing third quarter, posting120,000 square feet in positive absorption. Much of this absorption camefrom 233 South Wacker (Willis Tower), as its occupancy increased byover 60,000 square feet. Two of the largest transactions in the West Loopinclude Presence Health signing a 44,000 square foot lease at 200 SouthWacker and Zones signing a 29,000 square foot lease (includes 19,000square feet of sublease space) at Willis Tower.

Even so, Class B is the only class to see net positive absorption during2012, with a yearly occupancy increase of roughly 300,000 square feet.


500 W Monroe St 338,131 A

233 S Wacker Dr 285,910 A

311 W Monroe St 214,490 C

300 S Riverside Plz * 198,302 B

540 W Madison St * 166,522 A

233 S Wacker Dr * 125,553 A

227 W Monroe St * 117,053 A



540 W Madison St 84,031 A


* Indicates future available spaceItalicized addresses indicate new blocks this quarter

WEST LOOP SUMMARY A B C Total


Year to Date Absorption (square feet) (26,220) 302,265 (28,277) 247,768



Class A and C posted slightly negative net absorption during the past year despite positive fourth quarters.

Investment activity in the West Loop continued to be robust in the fourth quarter as Harbor Group International finalized their acquisitionof 1 South Wacker for $221 million. The American Recovery Property Trust partnered with Northwood Investors to acquire andrecapitalize 525 West Van Buren for $95 million. In addition, two buildings were put on the market in the fourth quarter. JP MorganChase is marketing 225 West Wacker for $175 million and Kuchner Companies is seeking $275 million for 225 West Randolph.

The West Loop’s borders are defined as the Chicago River (North), I-94/I-90 (West), Wells Street (East), and Van Buren Street (South).


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SUBURBAN MAP


EAST-WEST SUMMARY A B C Total


Year to Date Absorption (square feet) (457,450) 92,876 (5,912) (370,486)



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EAST-WESTWidespread move-outs and space reductions in Class A lead to net negative absorption

Class B buildings in the East-West submarket experiencedstrong demand in the fourth quarter. But Class A buildingshad the worst quarter of any segment throughout themarket, experiencing negative absorption of 300,000square feet. This offset the 250,000 square feet of netpositive absorption seen in Class B and C buildings. As awhole, the East-West submarket was the worst performingsubmarket for the second straight quarter and will end2012 with net negative absorption of 370,000 square feet.

Widespread move-outs and downsizing occurred in ClassA buildings. Two of the largest tenants to eliminate spacewere Crowe Horwath giving back 56,000 square feet at 1Mid America Plaza in Oakbrook Terrace and Unilever givingback 23,000 square feet at 2200 Cabot Drive in Lisle.

Asking rental rates continue to drop, down another 2.7percent on a year-over-year basis, as landlords compete

EAST-WEST SUBMARKET HISTORICAL DIRECT VACANCY

LARGEST BLOCKS OF DIRECT AVAILABILITYBuilding Address City Size (sf) Building Class

700 Oakmont Ln Westmont 256,767 A

3075 Highland Pky * Downers Grove 241,519 A

2400 Cabot Dr Lisle 217,718 A

28100 Torch Pky Warrenville 79,830 A

500 Joliet Rd Willowbrook 78,400 B

2000 S Finley Rd Lombard 78,300 B

2655 Warrenville Rd Downers Grove 76,691 A

2245 Sequoia Dr * Aurora 76,126 A

4343 Commerce Ct * Lisle 74,855 A

333 E Butterfield Rd Lombard 70,897 B

for tenants facing a large supply of blocks greater than 50,000 square feet of vacant space. The East-West submarket has 27 suchblocks of direct vacant space and another seven of sublease availability. Three of the four largest blocks of direct vacant space in theSuburban market are in the East-West submarket. In addition to the direct space, Navistar is marketing 250,000 square feet of theirspace for sublease at 4201 Winfield Road in Warrenville.

A joint venture of Investcorp International and Golub & Co. purchased the 11 property Oak Creek Center (2050-2080 Finley Road) inLombard from KBS Realty Advisors for $92 per square foot. Arthur Goldner & Associates purchased 40 Shuman Boulevard in Napervillefrom KBS Real Estate Investment Trust for $80 per square foot. Both properties are approximately 87 percent leased.

The East-West submarket encompasses Cook, DuPage, Kane, Kendall, and Will Counties, with major cities including Downers Grove,Lisle, Naperville, and Oak Brook.




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NORTHClass B leads rebound after dismal third quarter

NORTH SUBMARKET HISTORICAL DIRECT VACANCY

The North submarket’s direct vacancy rate remained at20.7 percent as an increase in Class A vacancy wasoffset by a decrease in Class B vacancy. Despite havingthe lowest direct vacancy rate in the Suburban market,landlords continue to cut asking rental rates, which aredown 2.7 percent over last year.

High sublease availability is hampering the direct marketand pressuring direct asking rental rates. Last quarter’sreduction in sublease availability was erased in the fourthquarter as Class A and B buildings added over 100,000square feet in new sublease availability. The 1 millionsquare feet in Class A sublease vacancy constitutes 6percent of total inventory, which is well above the marketaverage.


1 Overlook Pt Lincolnshire 117,798 A

2355 Waukegan Rd Bannockburn 106,495 A

544 Lakeview Pky Vernon Hills 84,237 B

75 Tri State International ** Lincolnshire 79,449 A

2-4-6 Genesee St Waukegan 75,996 C

333 Knightsbridge Pky Lincolnshire 74,728 A

2100 Sanders Rd Northbrook 67,681 A

4201 Lake Cook Rd Northbrook 66,000 A

1200 Lakeside Dr Bannockburn 63,738 A

540 Lake Cook Rd ** Deerfield 63,298 A

Fresenius Kabi signed the largest lease transaction of the quarter in the Suburban market. The international healthcare company willmove mid-2013 into 101,000 square feet at 1 Corporate Drive in Long Grove. Brightstar signed a 48,000 square foot lease at 850-60 Technology Way in Libertyville, adding to the over 45,000 square feet they already occupy in a neighboring building.

After signing its single tenant, Aon Hewitt, to the largest suburban lease transaction in the past four years, Retail Properties of Americasold the 819,000 square foot 4 Overlook Point in Lincolnshire to American Realty Capital Trust for $181 per square foot.

The North submarket is located within portions of Cook and Lake Counties, with major cities including Bannockburn, Deerfield,Evanston, Glenview, Highland Park, Lake Forest, Northbrook, and Vernon Hills.


** Indicates space available in current quarter

NORTH SUMMARY A B C Total


Year to Date Absorption (square feet) (365,450) 131,363 8,074 (226,013)




NORTHWEST SUMMARY A B C Total


Year to Date Absorption (square feet) 379,728 (19,395) 41,909 402,242



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NORTHWESTLittle activity in most distressed submarket

NORTHWEST SUBMARKET HISTORICAL DIRECT VACANCY

The fourth quarter brought little change to the Northwestsubmarket’s occupancy as direct vacancy stayed at aSuburban market high of 25.8 percent. Class B buildingscontinued to struggle, experiencing net negativeabsorption of 90,000 square feet and a direct vacancyrate of 33.6 percent.

Tenants continue to have the upper-hand in leasenegotiations, which has translated into landlords loweringasking rental rates by 4.6 percent on a year-over-yearbasis. Additionally, there are 27 direct contiguous blocksof at least 50,000 square feet available for lease; 13 ofwhich are greater than 100,000 square feet. The largestblocks in each of the Suburban market’s three buildingclasses are located in the Northwest submarket, with thelargest being a 351,000 square foot block at 21440


21440 Lake Cook Rd Deer Park 351,425 A

1299 Algonquin Rd Schaumburg 195,393 C

5550 Prairie Stone Pky ** Hoffman Estates 193,601 A

3501 Algonquin Rd Rolling Meadows 186,432 C

1701 Golf Rd Rolling Meadows 183,506 A

3890 Salem Lake Dr Long Grove 150,000 B

3333 Beverly Rd Hoffman Estates 129,000 A

2895 Greenspoint Pky Hoffman Estates 127,941 A

700 N Wood Dale Rd Wood Dale 125,328 B

2850 W Golf Rd ** Rolling Meadows 110,941 B

** Indicates space available in current quarter

Lake Cook Road in Deer Park.

Lemko signed the largest lease transaction and will occupy 22,000 square feet at 1 Pierce Place in Itasca. However, the new leasewill not immediately result in positive absorption for the submarket, as the wireless networking firm is relocating from a similarly sizedspace at 1700 East Golf Road in Schaumburg.

Investment activity was minimal during the fourth quarter, with no new listings on the market and only one notable sale. 3030 SaltCreek Atrium purchased the Class B building at 3030 West Salt Creek Lane in Arlington Heights for $23 per square foot from EquityOffice.

The Northwest submarket is located within the portions of Cook, Kane, Lake, and McHenry Counties, with major cities includingArlington Heights, Itasca, Rolling Meadows, and Schaumburg.



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O’HARESmallest submarket outperforms the overall market

O’HARE SUBMARKET HISTORICAL DIRECT VACANCY

O'HARE SUMMARY A B C Total


Year to Date Absorption (square feet) 81,456 26,266 17,442 125,164



Suburban Chicago’s smallest submarket was theexception to an otherwise unremarkable fourth quarterfor the Suburban market. With net positive absorption of117,000 square feet, the O’Hare submarketoutperformed all other submarkets combined and sawdirect vacancy fall 80 basis points to 24.9 percent. ClassA buildings made up most of this positive absorption andremain one of the tightest segments in SuburbanChicago. While Class B and C direct vacancy ratesremain above 30 percent, they fell from their third quarterrates.

Asking rental rates are down 2.2 percent on a year-over-year basis, including a 5.8 percent reduction in Class A.This suggests that increased occupancy in Class Abuildings is likely a result of significantly lower askingrental rates rather than a pure demand increase.


5450 N Cumberland Ave Chicago 143,525 A

2350-2360 E Devon Ave Des Plaines 142,596 B

8420 W Bryn Mawr Ave Chicago 104,164 A

4242 N Harlem Ave Norridge 93,155 B

5100 River Rd ** Schiller Park 74,988 A

1350 E Touhy Ave Des Plaines 71,367 B

9801 W Higgins Rd Rosemont 70,926 B

9500 W Bryn Mawr Ave Rosemont 69,701 A

10255 W Higgins Rd Rosemont 69,695 A

8550 W Bryn Mawr Ave * Chicago 66,895 B

The largest lease transaction of the quarter involved Brunswick Corporation relocating 70,000 square feet within the O’Hare submarketfrom 5100 River Road in Schiller Park to 9525 West Bryn Mawr in Rosemont.

O’Hare saw one notable sale in the fourth quarter. Owner-occupier Americaneagle.com purchased the 65,000 square foot buildingat 2600 South River Road in Des Plaines from Property Casualty Insurers Association of America for $58 per square foot.

The O’Hare submarket is located in northwestern Cook County surrounding O’Hare International Airport, with major cities includingnorthwestern Chicago, Elk Grove Village, and Rosemont.


* Indicates future available space** Indicates space available in current quarter

Italicized addresses indicate new blocks this quarter

MB

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13

ABOUT MB REAL ESTATEOur mission is to provide clients and investors with extraordinary real estate value and unlimited support

MB REAL ESTATE HEADQUARTERS181 West Madison, Suite 4700Chicago, Illinois 60602phone: 312.726.1700fax: 312.807.3853

EAST COAST REGIONAL HEADQUARTERS335 Madison Avenue, 14th FloorNew York, New York 10017phone: 212.350.2300fax: 212.350.2301

COMPANY LEADERSHIPPETER E. RICKERChairman & CEO

JOHN T. MURPHYPresident

DEPARTMENT LEADERSHIP

PATRICIA ALUISIExecutive Vice President & Chief Administrative Officer/General Counsel

MARK A. BUTH Executive Vice President & Managing Director of Leasing Services

ANDREW J. DAVIDSON Executive Vice President & Managing Director of Corporate Services & Tenant Advisory

GARY A. DENENBERG Executive Vice President & Managing Director of Leasing Services

DAVID R. GRAFF Senior Vice President of Project Services

MAUREEN G. GROVE Vice President & Managing Director of Accounting Services

DANIEL J. NIKITAS Executive Vice President of Corporate Services & Tenant Advisory Services

KEV IN M. PURCELL Executive Vice President & Chief Operating Officer

PETER J. WESTMEYER Senior Vice President & Managing Director of Investment Services

At MB Real Estate, our corporate mission is to maximize the value of our clients’real estate by creating timely and innovative solutions that meet their unique needsand objectives.

We offer the highest level of real estate support with our team of committed, results-driven experts in asset and facilities management, leasing, tenant representation,development, project management, and investment services.

Supported by dedicated accounting, marketing, human resources, and informationtechnology teams, our unique full-service firm is an industry leader in local and national corporate real estate.


mb real estate's 2012 4th quarter chicago market overview submarket snapshots

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