Falcon Real Estate decided to locate its office for the central United States in Chicago, Illinois, since Chicago’s central location in the U.S. makes it an ideal place to have one of our most important offices. Chicago’s O’Hare Airport is one of the busiest airports in the world, enabling Falcon’s management to quickly reach properties around the country. Chicago is the third largest city in the United States with 7.7 million residents, ranking immediately behind the New York and Los Angeles metropolitan areas.
The fact that Chicago is one of the most important economic centers in the United States and in the world is not always appreciated by overseas investors. The city claims representation in more than 170 different categories of industrial production, making it one of the best diversified economic centers in the country. A recent study indicated that Chicago had more high-technology jobs than any other metropolitan area, surpassing both Seattle and California’s Silicon Valley. The fact that Boeing Company recently relocated its corporate headquarters to Chicago is an indication of the overall attractiveness of the city. Chicago also has a strong position in the financial world, with five monetary and commodity exchanges, including the Chicago Board of Trade and the Chicago Board Options Exchange.
The geographic location of Chicago is also very important, since it serves as an important transportation hub in the center of the country for both planes and trains. O’Hare International Airport always ranks at the top of the list of the busiest major airports of the world. This central location also provides convenient access to all parts of the United States, and encourages many nationwide businesses to locate in Chicago. From Falcon Real Estate’s viewpoint, Chicago is an excellent base from which to cover the attractive property markets in such cities as Minneapolis, Columbus, Cincinnati, Memphis and Nashville.