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,…
