Major retailer returning to Chicago's Loop despite increase of vacancies since pandemic
The Gap factory outlet recently announced plans to open on State Street, potentially providing a spark to the Loop.
Chicago office transactions pick up as gap widens between top and struggling properties
Learn about the recent office sale momentum in Chicago and what's attracting new buyers to discounted properties downtown.
The New York Skyline22h
1,600-foot-tall office tower 350 Park Avenue prepares to enter public review
Located at 350 Park Avenue, the 62-story office tower—developed by Vornado Realty Trust, Rudin, and Citadel—will replace ...
Beacon Capital, MetLife land Loop tenant after Salesforce exit
The 1 North Dearborn building was acquired by Beacon Capital Partners in 2015 and underwent renovations, with Beacon later ...
Crain's Chicago Business2d
Loop retail vacancy holds steady after rising 4 years in a row
Nearly five years after the onset of the pandemic, one in three Loop storefronts remains vacant as retail vacancy stayed ...
Editorial: Does assessor Fritz Kaegi appreciate the true horrors of downtown Chicago’s commercial real estate market?
Assessor Fritz Kaegi’s finding that post-pandemic Chicago commercial property values are rising faster than residential is ...
Crain's Chicago Business8d
West Loop landlord tweaks plan for new office tower
Despite record-high vacancy and weakened demand for workspace, the owner of the office building at 540 W. Madison St. is ...
Third Millennium, Hines pursue second West Loop tower after 10 years
The owner of a West Loop office tower is moving forward with scaled-back plans for a second office tower on a site where it has held a building for years. Third Millennium Group is partnering with ...
Assessor Fritz Kaegi says Chicago properties worth a combined $50.8 billion in 2024, calls for bill relief in Springfield
Cook County Assessor Fritz Kaegi on Wednesday announced the total value of properties in Chicago topped $50.8 billion in 2024 ...
Real Estate BusinessOnline9d
Glenstar, Private Investor Acquire 200 South Wacker Office Tower in Chicago, Plan $30M Renovation
Glenstar and a high-net-worth private investor have acquired 200 South Wacker, a 40-story office tower in Chicago’s West Loop. According to Crain’s Chicago Business, the duo bought a non-performing ...
WTTW9d
A Jury Will Now Decide Michael Madigan’s Fate. Here’s a Breakdown of the Landmark Corruption Case
Michael Madigan’s defense team rested Thursday, nearly three months after opening statements and testimony began in the ...
Sterling Bay pivots from Fulton Market office tower to residential property
The neighborhood has been a bright spot for new office construction, though Chicago is still lagging compared to previous ...