Real Estate

Schaumburg’s Big Mixed-Use Plans Could Reshape Its Commercial Real Estate Market

Schaumburg, one of Chicago’s most dynamic suburbs, is poised for a significant transformation with ambitious mixed-use development plans. These projects…

1 month 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…

1 month 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…

1 month ago

Glenview’s Low Supply Real Estate Market

The commercial real estate market in Glenview, Illinois, continues to solidify its reputation as one of Chicagoland's most desirable suburban…

1 month ago

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

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…

2 months 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…

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
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