Office Space

Downers Grove on the Rise As Invesco Bets on Suburban Offices

The news of Invesco signing a lease extension at KORE's suburban office campus in Downers Grove is a significant indicator…

2 months ago

Caterpillar Aurora Office Closure’s Commercial Real Estate Impact

Caterpillar Inc.’s recent decision to close its office near Aurora, Illinois, and lay off 60 employees underscores a pivotal moment…

2 months 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…

2 months 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…

2 months ago

High-End Movers and the Telling Sublease Trend

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…

3 months ago

The Foreclosure Future of Office Spaces and Commercial Real Estate Markets

The recent foreclosure filing by Deutsche Bank against Accesso Partners for the 200 West Monroe Street property in Chicago's Loop…

3 months ago

Can Landlord’s Keep Raising Rents? With Tim Wallen of MLG Capital – RFP 51

On this episode of the RealFinds Podcast, host Gordon Lamphere sits down with Tim Wallen, CEO of MLG Capital, to…

3 months ago

Will Government Regulation Save The Office Market?

Will Government Regulation Save The Office Market? As the work landscape continues to evolve in the wake of the 2020…

3 months ago

$32M Refinancing Amid Chicago Office Market Challenges

The successful refinancing of the 15-story office building at 609 W. Randolph St. by Vista Property Group provides several insights…

3 months ago

Historic 135 South LaSalle to Undergo $241M Office-to-Residential Conversion in Chicago’s Loop

The $241 million redevelopment of 135 South LaSalle Street, supported by a $98 million tax increment financing (TIF) subsidy, represents…

3 months ago
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