What you should know

The automotive giant, Toyota, is recalling almost 700,000 vehicles in the United States due to faulty parts that could cause hazardous road conditions. The fuel pumps of the recalled cars have fuel pumps that have the potential to fail and cause engines to stall, which is a huge problem for other cars around you or if you’re driving on the highway at a high rate of speed. The recall covers numerous cars including certain 2018 and 2019 Lexus vehicles and 2018 and 2019 Toyota vehicles.

In some recent positive news about Chicago, 2019 was a great year to be in real estate in the city. More companies moved into downtown office spaces in 2019 than any year since the Great Recession. This is great news not only for real estate agents, but also for Chicago in general as more businesses move in and generate more local jobs and keep the economy up.

For tips on car checkups, visit Chicago Autohaus.

Toyota recalls vehicles to fix faulty fuel pumps

Toyota is recalling nearly 700,000 vehicles in the U.S. because the fuel pumps can fail and cause engines to stall. That can increase the risk of a crash.

The recall covers certain 2018 and 2019 Lexus LS 500, LC 500, RC 350, RC 300, GS 350, IS 300, ES 350, LX 570, GX 460, and RX 350 models. Learn more

Summary: Toyota issued a recall recently for nearly 700,000 vehicles. The recall is due to faulty fuel pumps that could cause the cars to stall, increasing risks for car accidents.

Downtown office market best year since 2007

Companies moved into more downtown Chicago office space in 2019 than in any year since before the Great Recession, keeping the good times rolling for landlords into the new decade. But some landlords still have big holes to fill.

Punctuated by more than half a million square feet of net move-ins during the last three months alone—the biggest single quarter in four years—2019 finished with almost 1.8 million square feet of positive net absorption, according to real estate services company CBRE. Read more

Summary: The real estate market for downtown office spaces in 2019 was the best it has been since before the Great Recession. More companies moved into the downtown area, helping to keep the market going and the economy stable.

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