Adrian Brizuela is the Associate Director of Market Analytics at CoStar and Homes.com, providing commercial and residential real estate market analysis for the Chicago metropolitan area. With more than eight years of experience in real estate consult...
Adrian Brizuela is the Associate Director of Market Analytics at CoStar and Homes.com, providing commercial and residential real estate market analysis for the Chicago metropolitan area. With more than eight years of experience in real estate consulting and analytics, Adrian specializes in housing market trends, commercial real estate fundamentals, development feasibility, and submarket‑level dynamics. His residential research focuses on home prices, inventory levels, rental market conditions, and supply‑demand performance across Chicago and its suburbs. Adrian has been quoted in Crain’s Chicago Business, and his analysis has been featured in Bloomberg, Fox News, MSN, and the Chicago Tribune.
Prior to joining CoStar, Adrian worked at JLL Capital Markets, supporting research initiatives for multifamily investment sales and debt advisory teams. His earlier experience includes conducting market and feasibility studies for new housing developments and serving as an economic developer with the City of Chicago. Adrian holds a master’s degree in economic development from the University of Illinois in Chicago.
Madison, Wisconsin’s apartment vacancy rate rose over the past year even as renters snapped up more units, as a wave of new construction added apartments faster than the market could absorb them.
Commercial real estate sales in Milwaukee continue to rebound, with buyers acquiring properties at a faster pace than in recent years, driven by rising investor confidence and easing borrowing ...
Annual office leasing in the Chicago central business district currently stands at approximately 8.6 million square feet, indicating that leasing broadly settled into a lower range than before the ...
Chicago’s office market continues to face demand challenges, but vacancy trends have diverged significantly between the broader market and its highest-quality properties.
Milwaukee’s multifamily market has strengthened considerably over the past year, with vacancy declining as renter demand has accelerated and the pace of new supply has moderated.
Chicago apartment rent growth continues to significantly outpace the national market, with asking rents rising 3.1% year over year compared with 1.2% nationally.
Chicago office property sales totaled about $2.5 billion over the past 12 months, a 65% increase from a year earlier. While activity is rebounding from several years of unusually weak sales, the ...
Commercial real estate sales in Chicago continue to rebound, with investors buying and selling properties at a pace similar to what the market saw before the pandemic.
Chicago apartment sales totaled $6.4 billion over the past year, up 34% from a year earlier. That growth is much faster than the national pace, where deal volume held roughly steady at about $125 ...
Chicago’s industrial leasing market is regaining traction after a period of subdued activity, as tenants move forward with decisions that had been delayed amid uncertainty around trade policy and ...
Roughly two-thirds of apartment units completed across the Chicago metropolitan area over the past year were in suburban communities, underscoring how developers are increasingly targeting the ...
Industrial rent growth in the Chicago market has moderated considerably from the elevated levels recorded during the pandemic-era logistics boom, though fundamentals remain stronger than national ...
Chicago’s retail market is tightening, but much of that improvement is coming from older, outdated properties being removed rather than a surge in new demand.
Demolitions now play a central role in Chicago’s effort to stabilize a struggling office market, particularly across the suburbs where large, outdated campuses have seen demand fall the most.
Chicago’s multifamily rents are growing faster than in most other big U.S. markets, and that’s largely because the metropolitan area hasn’t built many new apartments in recent years even while demand ...
Chicago developers are taking more chances on building warehouses without signed tenants than they were a couple of years ago, but they’re still proceeding cautiously.