Sterling Bay, one of Chicago’s most high-profile developers, has hit a major roadblock. After years of delays and difficulty securing long-term financing, the firm announced that it will transfer the northern portion of its $6…
Evanston, long known for its architectural charm and university-town vibrance, may soon welcome its tallest new addition in years. Plans have been unveiled for a 27-story mixed-use development at 900 Clark St, located…
The recent foreclosure of 1751 Lake Cook Road in Deerfield by Sound Point Capital is the latest tremor in an already unstable suburban Chicago office market. The 214,000-square-foot Class A property, previously owned…
Illinois Nuclear Fueled Arms Race Illinois stands at a pivotal crossroads in the rapidly evolving landscapes of quantum computing and artificial intelligence (AI). The state has made commendable strides in establishing itself as…
Hidden Risks in a Small Bay Industrial The Boom in Small Bay Industrial Over the past several years, small bay industrial (SBI) properties have surged in value, driven by a combination of tight…
Walkable neighborhoods and thoughtful urban design significantly influence property valuations and resilience across various real estate asset classes, including hospitality, retail, residential, and office spaces. The integration of walkability and livable design elements…
The commercial real estate industry has been navigating a turbulent permitting environment since 2020. The COVID-19 pandemic caused widespread municipal office closures, regulatory bottlenecks, and economic uncertainty, delaying projects and increasing costs. Now,…
Effective communication with office tenants is essential for maintaining strong relationships, improving tenant satisfaction, and making informed decisions about property management. Landlords and property managers can gather valuable qualitative and quantitative data by…
Small investors looking to capitalize on the data center boom might feel locked out as sovereign wealth funds and private equity giants tighten their grip on the industry. However, there are still lucrative…
