The launch of the final phase of Pullman Crossings, a speculative industrial facility is another milestone in the ongoing revitalization of Chicago’s Pullman neighborhood. Located at 10800 South Doty Avenue, this 160,000-square-foot industrial…
One of Chicago’s fastest-growing companies, Highdive, recently announced a significant expansion, moving into a 26,000-square-foot office in the iconic Merchandise Mart. While the move underscores growth in high-end office space in prime locations,…
The recent foreclosure filing by Deutsche Bank against Accesso Partners for the 200 West Monroe Street property in Chicago’s Loop is emblematic of a broader crisis impacting office spaces and commercial real estate…
The Chicago Bears’ renewed consideration of the Michael Reese site for a new domed stadium presents a transformative opportunity for Chicago akin to the impact of SoFi Stadium in Los Angeles. Just as…
The successful refinancing of the 15-story office building at 609 W. Randolph St. by Vista Property Group provides several insights into the current state of the Chicago office market. Amid a broader environment…
The $241 million redevelopment of 135 South LaSalle Street, supported by a $98 million tax increment financing (TIF) subsidy, represents a pivotal moment for Chicago’s commercial real estate market, particularly within the Loop….
The rising tide of “double defaults” in the commercial real estate (CRE) market paints a challenging picture for the Chicagoland office market and greater Chicago’s commercial real estate landscape. With borrowers defaulting for…
As discussion around a potential East Coast port strike continues, businesses across the U.S. are preparing for the potential ripple effects on their supply chains. Ports are critical to global trade, and…
The Chicago office market is experiencing significant shifts, marked by changing dynamics in leasing, sales, and tenant strategies. A key development is the impending entry of FRI Investors, a Florida-based firm led by…
The recent sale of the iconic Jewelers Building at 35 E Wacker Drive in Chicago’s Loop has captured the attention of real estate professionals, investors, and market observers. This nearly century-old Beaux-Arts skyscraper,…
