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A single-story building means no crowded elevators or lobbies, but owners will need to provide amenities if they want to compete with Class-A towers. → Read More
Battered by e-commerce, Covid-19 and perceptions about crime, Chicago's premier shopping district must ditch its suburban feel to win back crowds and tenants. → Read More
The new space will be more like a clubhouse than a typical corporate environment, Cresa officials say, and they expect more occupiers will follow their lead. → Read More
Many of the fraternal organization's temples were designed by renowned architects and may qualify for historic tax credits. → Read More
Projects have gotten harder in the Chicago area, but according to developers, it is the lack of population growth that has them seeking new markets. → Read More
Some believe the pandemic is ending, but the changes it brought are still cutting into the downtown office market, and some owners can't service their debt. → Read More
Most firms have decided to go slow and let workers have a range of choices about what days they will return. → Read More
There was a real concern in the investment community that the pandemic would dramatically impact occupancy rates, but demand for flex space is back. → Read More
Developers say the city has many attributes that are sometimes blotted out by national headlines about crime. → Read More
Experts expect delinquencies will keep getting squeezed out of the system throughout 2022, especially if some business travel returns. → Read More
More women than men left their jobs during the pandemic, and with Covid-19 fears lessening, firms should start mentoring programs to reverse that trend. → Read More
After watching the famed shopping street get battered by e-commerce and then the pandemic, one of its most ambitious landlords decided it's time to get out. → Read More
New hybrid offices will include changes, but none of it will be revolutionary. → Read More
Some tenants seeking new spaces are expecting to find great deals, but brokers have some bad news. → Read More
This series gets into the heads of the decision-makers of CRE, the people shaping the industry by setting investment strategy, workplace design, diversity... → Read More
Omicron and winter have been a one-two punch, but the variant is subsiding and warmer weather lies ahead. → Read More
The International WELL Building Institute has rated thousands of buildings, and Lady Gaga has helped ensure certifications will continue in 2022. → Read More
Foot traffic fell in all major cities after a Covid-19 variant hit in the fall, but unlike in NYC and LA, Chicago retailers are back to pre-pandemic levels. → Read More
Originally dubbed the Array of Things, Chicago's high-tech nodes are getting replaced by even more powerful devices. → Read More
Even troubled properties like The Arboretum of South Barrington are attracting interest, albeit at reduced prices. → Read More