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Cook County’s Tax Assessment Controversy and Real Estate Tech Revolution
Manage episode 455307224 series 3550980
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Explore the systemic undervaluation of commercial properties in Cook County and its impact on tax fairness. Discover how CoStar Group's partnership with eXp Commercial is transforming real estate with cutting-edge technology. Plus, delve into the trend of converting suburban offices into warehouses in South Florida, and the off-market sale of Chelmsford Mall, a retail staple in New England. This episode offers insights into the evolving landscape of commercial real estate and the technological advancements shaping the industry.
Sources:
https://www.chicagotribune.com/2024/12/12/commercial-properties-undervalued-cook-county/
https://www.businesswire.com/news/home/20241212719140/en/CoStar-Group-Partners-with-eXp-Commercial-to-Provide-Expanded-Technology-Suite
https://www.bizjournals.com/southflorida/news/2024/12/12/miami-prologis-verizon-office-warehouse.html
https://bostonrealestatetimes.com/chelmsford-mall-sold-in-off-market-deal-for-28-million/
Outline:
(00:00:00) Introduction
(00:00:40) Commercial properties under-assessed in Cook County, report finds
(00:03:49) CoStar Group Partners with eXp Commercial to Provide Expanded Technology Suite
(00:07:14) Verizon office could be redeveloped with warehouse
(00:10:10) Chelmsford Mall Sold in Off Market Deal for $28 Million - Boston Real Estate Times
…
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Sources:
https://www.chicagotribune.com/2024/12/12/commercial-properties-undervalued-cook-county/
https://www.businesswire.com/news/home/20241212719140/en/CoStar-Group-Partners-with-eXp-Commercial-to-Provide-Expanded-Technology-Suite
https://www.bizjournals.com/southflorida/news/2024/12/12/miami-prologis-verizon-office-warehouse.html
https://bostonrealestatetimes.com/chelmsford-mall-sold-in-off-market-deal-for-28-million/
Outline:
(00:00:00) Introduction
(00:00:40) Commercial properties under-assessed in Cook County, report finds
(00:03:49) CoStar Group Partners with eXp Commercial to Provide Expanded Technology Suite
(00:07:14) Verizon office could be redeveloped with warehouse
(00:10:10) Chelmsford Mall Sold in Off Market Deal for $28 Million - Boston Real Estate Times
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