Chicago

Accenture Tower Secures Lease Extension Amid Challenging Market Dynamics

In a rare bright spot for Chicago's commercial real estate market, the iconic Accenture Tower at 500 W. Madison St.…

1 week ago

Why Chicago’s Christkindlmarket Is The Future Of Office & Retail

The future of in-person real estate, particularly in the office and retail sectors, hinges on prioritizing walkability and experiences. As…

3 weeks ago

Downtown Chicago Office Space Sells For Under $67 Per Sq.Ft.

The recent acquisitions by Glenstar and 601W Companies—purchasing office buildings in Chicago at steep discounts—highlight a major shift in the…

3 weeks ago

Chicago’s Data Center Boom Continues At 2800 S. Ashland

As the digital economy continues to expand, Chicago has emerged as one of the top markets in the United States…

3 weeks ago

What the Residential Conversion of 65 E. Wacker Place Means for the Chicago Office Market

The recent approval of zoning changes for the residential conversion of 65 E. Wacker Place, a former office building in…

3 weeks ago

More Foreclosures In Chicago’s Office Market Future?

Chicago’s office market is under siege, and the recent foreclosure suit against Accesso Partners’ Loop office tower at 200 West…

3 weeks ago

IBM’s Bold Expansion at U.S. Steel South Works: The Quantum Future In Illinois

Illinois is rapidly emerging as a premier destination for data centers and quantum computing enterprises, driven by strategic investments, a…

4 weeks ago

Implications Of Chicago’s Anti-Gentrification Ordinance

In December 2024, the Chicago City Council amended the Northwest Side Housing Preservation Ordinance, widely called the anti-gentrification ordinance. These…

4 weeks ago

The Impact Of Chicago’s Proposed $68.5M Real Estate Tax Hike

On December 10, 2024, the City Council Finance Committee narrowly approved a revised $68.5 million property tax increase proposed by…

4 weeks ago

What the O’Hare Office Market Can Learn from the CDA Lease?

The Chicago Department of Aviation’s (CDA) recent lease of 99,421 square feet at 8420 W. Bryn Mawr Ave. delivers a…

4 weeks ago
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