Follow Cresa Chicago

Cresa Chicago
150 North Wacker Drive
Suite 2900
Chicago, IL 60606
312.376.4100 tel
312.376.4200 fax
Email
Map/Directions
Cresa Chicago - Suburban
9500 W. Bryn Mawr Road
Suite 130
Rosemont, IL 60018
312.376.4100 tel
Map/Directions

Contacts

Sheila Matuscak
Managing Principal
Email
312.376.4101 tel
Bradley Metzger
Managing Principal
Email
312.376.4102 tel
Allen Rogoway
Managing Principal
Email
312.376.4104 tel

Chicago


Now that you've watched the video, click here to see how the Watkins Research Group ranked Cresa #1 in client advocacy.

Welcome

Thank you for visiting the Chicago web page of Cresa. Our Chicago office continues to flourish under the leadership of Sheila MatuscakBrad Metzger and Allen Rogoway. During these uncertain times, our firm offers our clients a stable partner with no debt, increasing revenues and a growing talent pool. We look forward to adding value to your team through our focused experience with corporate real estate users.

Vision

As a real estate services partnership, our team provides strategic and customized real estate solutions for occupants, implemented through our global platform, without conflict.

As both business owners and real estate professionals, our leadership team has a personal understanding of the impact a real estate decision has on an organization's operations and profitability. We also understand how it can impact an individual's career. 

We value our clients equally and have the flexibility to scale our services to provide the resources necessary to implement solutions ranging from a onetime local real estate transaction to managing all aspects of a global real estate portfolio through our comprehensive services platform. 

We aren't your representative, we are your partner. Our clients typically view our advisors as an extension of their internal resources, often times integrating our team to the point that our company brand becomes invisible to their internal customers.

Experience

Our leadership team has an average of 25 years of experience within the real estate industry. Each has led significant accounts and projects on both a local and global basis. We have expertise in many industries and have developed the following areas of specialization:
  • Associations & Non-Profits
  • Cable Communications 
  • Consumer Products 
  • Education/Student Housing
  • Healthcare
  • Insurance
  • Life Science
  • M&A/Restructuring 
  • Service Companies
  • Technology

Market

Home to some of the largest companies such as Abbott Laboratories, All State, Boeing, Caterpillar, McDonalds Corporation, Sears, Tribune Company, United Airlines, Walgreens and The Wm. Wrigley Jr., Company, Chicago is not only a vital economic nucleus for the entire country but also an international hub for the banking, transportation, business services, consumer products, and trade markets. Our market tends to be far less exposed to variations in the economy as compared to other major metropolitan markets, mostly because it is not oversaturated and is well diversified. Chicago is home to a vibrant office market consisting of over 400 million square feet of space as well as the national hub for the production, distribution, and supply chain economy consisting of 1.2 billion square feet of floor area.

Golf Outing and Clinic with Fred Funk

 

  • Central Loop Chicago

    Class A & B Office

    Supply
    7,183,931 SF
    Vacancy
    15.8%
    Absorption
    78,751 SF
    Avg. Lease Rate
    $29.70/SF
  • East Loop Chicago

    Class A & B Office

    Supply
    4,481,322 SF
    Vacancy
    19.0%
    Absorption
    20,196 SF
    Avg. Lease Rate
    $27.13/SF
  • River North Chicago

    Class A & B Office

    Supply
    1,988,439 SF
    Vacancy
    12.7%
    Absorption
    -139,703 SF
    Avg. Lease Rate
    $33.14/SF
  • West Loop Chicago

    Class A & B Office

    Supply
    9,109,240 SF
    Vacancy
    18.6%
    Absorption
    -462,871 SF
    Avg. Lease Rate
    $31.95/SF
  • North Michigan Avenue Chicago

    Class A & B Office

    Supply
    2,393,038 SF
    Vacancy
    15.5%
    Absorption
    4,874 SF
    Avg. Lease Rate
    $23.69/SF
  • Cook County Industrial

    Class A & B Warehouse, Distribution & Manufacturing

    Supply
    26,955,975 SF
    Vacancy
    10.5%
    Absorption
    562,094 SF
    Avg. Lease Rate
    $6.50/SF NNN
  • North Suburban Industrial

    Class A & B Warehouse, Distribution and Manufacturing

    Supply
    10,342,654 SF
    Vacancy
    9.6%
    Absorption
    -84,209 SF
    Avg. Lease Rate
    $5.28/SF NNN
  • South Suburban Industrial

    Class A & B Warehouse, Distribution & Manufacturing

    Supply
    19,524,976 SF
    Vacancy
    11.6%
    Absorption
    407,995 SF
    Avg. Lease Rate
    $5.43/SF NNN
  • West Suburban Industrial

    Class A & B Warehouse, Distribution & Manufacturing

    Supply
    6,774,726 SF
    Vacancy
    7.5%
    Absorption
    -195,689 SF
    Avg. Lease Rate
    $4.48/SF NNN
  • O'Hare Industrial

    Class A & B Warehouse, Distribution & Manufacturing

    Supply
    4,185,274 SF
    Vacancy
    10.2%
    Absorption
    231,208 SF
    Avg. Lease Rate
    $7.89/SF NNN
  • Chicago Central Business District

    Class A & B Office

    Supply
    25,705,349
    Vacancy
    16.9%
    Absorption
    500,785 SF
    Avg. Lease Rate
    $29.64/SF

Market Insights

People

Katie Anderson Project Management 312.376.4123
Caron Beissmann Business Manager 312.376.4112
Chad Bermingham Vice President 312.376.4106
Mike Brady Advisor, Finance 312.376.4107
Jay Cook Senior Vice President 312.376.4120
Mike Duncan Principal 312.376.4126
Ryan Foley Advisor 312.376.4175
Michele George Vice President, Project Management 312.376.4117
Whipple Hazlewood Senior Vice President 312.376.4100
Ed Lowenbaum Principal, Industrial Services 312.376.4122
George Mack Senior Advisor 312.376.4136
Sheila Matuscak Managing Principal 312.376.4101
David Mei Marketing Associate 312.376.4100
Bradley Metzger Managing Principal 312.376.4102
David Miller Senior Vice President 312.376.4124
Mark Montana Principal 312.376.4108
Eric Nolin Principal, Project Management 312.376.4110
Dan Obiala Vice President 312.376.4135
Bob Palffy Principal 312.376,4125
Liz Roberts Vice President 312.376.4113
Christiaan Rodriguez Advisor, Finance 312.376.4121
Allen Rogoway Managing Principal 312.376.4104
Matthew Schiffler Senior Advisor 312.376.4118
Linda Short Vice President 312.376.4105
Liz Spence Senior Advisor 312.376.4133
Leonard Turelli Principal 312.376.4116
Nicole Weldon Advisor 312.376.4111
Bob Westover Senior Vice President 312.376.4100
Austin Zimmerman Advisor 312.376.4171

News

Success Stories

Client Location Sq. Footage
American Massage Therapy Association Evanston, IL  18,394 
CF Industries Albany, IL; Peoria, IL; Cincinnati, OH; St. Louis, MO   
Chicago Scenic Studios Chicago, IL  130,000 
Cost Segregation Analysis - Client Undisclosed Lombard, IL  59,830 
Dunnhumby USA Chicago, IL  11,600 
Hickory Farms Chicago, IL  205,776 SF 
Insight USA Bloomingdale, IL  80,000 
Origin Healthcare Solutions Chicago, IL  10,000 
Pacific Architects and Engineers (PAE) Romeoville, IL  723,291 
SSAB Central Scarbrough, Ontario (Canada)  164,443 
The Power Transmission Distributors Association (PTDA) Chicago, IL  3,712 
Victaulic Company of America Aurora, IL  61,897  

Subleases & Sales

Property Available Space Rental Rate
Sublease: 303 East Wacker Drive
303 East Wacker Drive
Chicago, IL 60631
11,855 SF Negotiable
Sale: Land for Sale
9092 South Bentonville Road
Near Dublin, IN on South Bentonville Rd between Hwy 40 and County Rd 950 South
Cambridge City, IN 47327
100 acre industrial site in Henry County, IN Negotiable
Sale: Land For Sale - Midland, MI 48642
Waldo Avenue at Contractor Drive
Midland, MI 48642
11.9 AC $375,000 Sale Price
Sale: Land For Sale - Ridgecrest Drive Midland, MI 48642
3599 Ridgecrest Drive
3500 East Ashman Street
Midland, MI 48642
31 AC $600,000 Sale Price
Sale: Land For Sale - 3700 Contractor Drive
3700 Contractor Drive
Midland, MI 48642
34.25 AC $600,000 Sale Price
Sale: Land For Sale - Freeland, MI 48623
South Schreiber Road & Thayer Road
Freeland, MI 48623
80 AC $500,000 Sale Price
Sublease: 501 West Lake Street
501 West Lake Street
Elmhurst, IL 60126
5,204 SF $12.50/SF NNN
Sublease: Deerfield Sublease Available: 570 Lake Cook Road
570 Lake Cook Road
Deerfield, IL 60015
18,177 SF $18.50/Gross
Sublease: 2401 Internationale Blvd, Unit B
2401 Internationale Blvd, Unit B
Woodridge, IL 60527
23,816 SF $7.85/SF Gross
Sublease: 65 East Wacker Drive
65 East Wacker Drive
Chicago, IL 60606
9,477 SF Negotiable
Sublease: 105-195 W. Central Road
105-195 W. Central Road
Schaumburg, IL 60302
59,065 SF $8.00/PSF Gross
Sublease: 225 West Washington
225 West Washington
Suite 1140
Chicago, IL 60606
3,098 Negotiable
Sale: 300 East Devon
300 East Devon
Bartlett, IL 60103
366,457 $8,245,000 ($22.50 psf)
Sale: 1330 S. Torrence Avenue
1330 S. Torrence Avenue
Calumet City, IL 60409
5,986 SF

Industrial Services

Industrial Services

Cresa Chicago works with companies to develop real estate solutions that optimize the supply chain while controlling costs. Our industrial and supply chain specialists apply Cresa's proven methods and integrated services to locate, acquire, and develop industrial and logistics space, always striving to reach an outcome that exceeds the client’s requirements. We focus on helping our clients make real estate decisions that create leverage and lead to a competitive advantage. By solely representing the interests of tenants, Cresa is uniquely qualified to advise clients and advance their best interests in order to increase efficiency, speed time-to-market, improve service levels, and improve profitability.

Supply Chain Meets Real Estate

A warehouse isn’t just real estate. It’s a crucial link in your supply chain. As a pivot point for moving your goods around the country, its location cannot be haphazard.

And yet, warehouse space that truly fits your needs may be in short supply — at any given time, your options will most likely be limited.

Our consultants are known for taking a more holistic view of your entire supply chain. We know how the right real estate can add vital flexibility to your logistical needs, so we look beyond just rent to the equally important costs associated with transportation, fuel, and labor.

In short, we combine our considerable real estate savvy with an unmatched understanding of the broader issues of supply chain management. 

Manufacturing for Today’s World

In today’s business climate, there are any number of reasons to relocate your manufacturing facilities. Maybe you need to modernize your operations. Maybe you’re looking for a more capable workforce. Maybe you’re attracted to localities that offer economic incentives. Or maybe you’re “backshoring” — bringing your operations back from overseas.

Regardless of your reasons, our industrial experts have the knowledge and resources to address them. We work with manufacturers of all kinds, from metalworking and machine shops to the most advanced technology-driven facilities, from light assembly to precision medical device production.  We are thoroughly familiar with new trends in both engineering and production, and we can help you find a building ideally suited to the flexibility your operations now demand.  

Integrated Services

Once we have identified a course of action — whether for your supply chain or manufacturing needs — we then assemble the right combination of services to carry it out. From a single point of contact, we’ll coordinate an integrated team of specialists that can provide:


So don’t try to shoe-horn your industrial requirements into a space that’s not right for you. Talk to people with the experience and expertise to meet those requirements in an unbiased, strategically-sound manner. Call our Industrial Advisors at 312.376.4100.

Professional Golf Sponsorship

Cresa is proud to sponsor PGA Tour professional Brendan Steele, LPGA Hall of Fame golfer Amy Alcott, and legendary golfer Fred Funk, who currently plays on both the PGA Tour and the Champions Tour.  Sponsoring these three exceptional players is a natural fit for Cresa.  Just like us, they are specialists, and they are successful at the highest level. They have skills that set them apart, just as Cresa does.

Brendan Steele won the 2010 Nationwide Tour Championship in a playoff and joined the PGA Tour in 2011. In just his 12th start there he won the Valero Texas Open and later that year was in contention for the PGA Championship title in his first major championship appearance. The personable Steele earned a Business Administration degree at the University of California – Riverside, where he also won five tournaments and was an Academic All-America selection.

Fred Funk, a longtime fan favorite, has eight PGA Tour victories, including three Champions Tour major championships - the 2008 & 2010 JELD-WEN Tradition and the 2009 U.S. Senior Open.  He also won the 2005 Players Championship. He became the fifth oldest player to win on the PGA Tour with his victory at the 2007 Mayakoba Classic. He won two Champions Tour events in 2012 – the Insperity Championship and the Greater Hickory Classic at Rock Barn.

Amy Alcott is a highly celebrated and well respected champion of the game, on and off the course. She is a member of the LPGA and World Golf Halls of Fame. During her 27-year career she was most recognized as the LPGA’s finest and most creative shot-maker and her go-for-the-pin style of play was the bedrock for her 32 professional tournaments captured worldwide including five major championships.  She is currently serving as co-designer of the golf course for the 2016 Olympic Games in Rio de Janeiro.

Fred Funk Breaks Course Record at Cresa Outing

Cresa Chicago hosted a golf outing at the Park Ridge Country Club with Cresa sponsored, PGA and Senior Tour professional golfer, Fred Funk. Fresh off Fred's latest Champions Tour win at the Legends of Golf, he broke the long standing course record of 65 at Park Ridge Country Club with a 64.

Fred Funk, a longtime fan favorite, has eight PGA Tour victories, including three Champions Tour major championships - the 2008 & 2010 JELD-WEN Tradition and the 2009 U.S. Senior Open.  He also won the 2005 Players Championship. He became the fifth oldest player to win on the PGA Tour with his victory at the 2007 Mayakoba Classic. He won two Champions Tour events in 2012 – the Insperity Championship and the Greater Hickory Classic at Rock Barn.

 

Awards and Recognitions

Allen Rogoway was a 2013 Finalist for the Greater Chicago Food Depository Commercial Real Estate Awards Dinner in the Category of "Build to Suit Project of the Year" for the Hub Group Headquarters.


Market Statistics