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Downtown Office Market Puts Together Another Solid Quarter, But Long-Term Outlook Stays Hazy
News 4 months ago
Downtown Office Market Puts Together Another Solid Quarter, But Long-Term Outlook Stays Hazy

After putting up some solid numbers in 2018, Chicago's downtown office market started the new year with robust activity in several of its...

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Industrial Construction Doubles Over The Past Year
News 4 months ago
Industrial Construction Doubles Over The Past Year

As they waited for tenants to absorb the historic amount of speculative space hitting the market, industrial developers slowed down new...

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Opportunity Zone Investors May Look To Englewood
News 4 months ago
Opportunity Zone Investors May Look To Englewood

Government officials tout federal opportunity zones as a method to draw investors into neighborhoods that see little investment. So far, most...

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This Week's Chicago Deal Sheet
News 4 months ago
This Week's Chicago Deal Sheet

The apartment boom in Chicago's Lakefront neighborhoods continues to gather steam. McCaffrey Interests and Hines Monday welcomed the first...

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At The Outset Of Construction Season, Chicago Rings In ‘Construction Safety Month’
News 4 months ago
At The Outset Of Construction Season, Chicago Rings In ‘Construction Safety Month’

At The Outset Of Construction Season, Chicago Rings In 'Construction Safety Month' With 42 new high-rises underway along the lakeshore and a record...

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CRE Leaders Say Mayoral Choice Remains A Toss-Up
News 4 months ago
CRE Leaders Say Mayoral Choice Remains A Toss-Up

After 30 years of business-friendly mayors who have been strongly supported, even revered, by the city's commercial real estate industry, Chicago...

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Investor Interest Perks Up For Evanston Office Buildings
News 4 months ago
Investor Interest Perks Up For Evanston Office Buildings

Investor interest has perked up for downtown Evanston office buildings. Free Market Ventures, a Chicago-based group, just became the latest buyer...

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Construction’s Most Underrated Priority
News 4 months ago
Construction’s Most Underrated Priority

With the construction market booming and labor and materials becoming more expensive, construction companies are under immense pressure to do more...

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Multistory Distribution Buildings Are Coming To Chicago, Eventually
News 4 months ago
Multistory Distribution Buildings Are Coming To Chicago, Eventually

Ever since the recession ended, the Chicago industrial market has been setting one record after another for leasing activity, new development and...

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This Week's Chicago Deal Sheet
News 4 months ago
This Week's Chicago Deal Sheet

Mortenson Construction finished building three major new ground facilities totaling 180K SF for United Airlines at Chicago's O'Hare International...

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Colliers International Establishing A Retail Presence In Chicago
News 4 months ago
Colliers International Establishing A Retail Presence In Chicago

The increasing popularity of e-commerce may have led to a lot of turmoil in the retail world, but Colliers International-Chicago does not seem...

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InnerWorkings Moves From River North To The Loop
News 5 months ago
InnerWorkings Moves From River North To The Loop

InnerWorkings is moving its global headquarters from 600 West Chicago in River North to the Loop. The marketing firm, which serves Fortune 1000...

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The Rise Of E-Commerce Clouds Retail's Future, But Also Contains Silver Linings
News 5 months ago
The Rise Of E-Commerce Clouds Retail's Future, But Also Contains Silver Linings

E-commerce may have eroded the traditional world of brick-and-mortar retail, but panelists at Bisnow's Chicago Retail Forum Thursday morning said...

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It's Edgewater And Uptown's Turn In The Spotlight
News 5 months ago
It's Edgewater And Uptown's Turn In The Spotlight

Multifamily construction will most likely hit a cyclical peak in the Chicago region during 2019, and investors still flock to local properties due...

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CRE Is Jumping After Sustainable Investment, But Metrics Lag Behind
News 5 months ago
CRE Is Jumping After Sustainable Investment, But Metrics Lag Behind

Increasingly, real estate investors are seeking out projects that not only show strong returns, but ones that also make a positive impact. Green...

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This Week's Chicago Deal Sheet
News 5 months ago
This Week's Chicago Deal Sheet

The Chicago region's data centers saw 10.7 MW of net absorption in the second half of 2018, bringing market vacancy to 10.7%, down from 11.2% in...

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Old Town Tax Credit Property Generates National Interest
News 5 months ago
Old Town Tax Credit Property Generates National Interest

Kiser Group and Affordable Housing Investment Brokerage brokered the sale of Renaissance North in Chicago's Old Town neighborhood to Avanath...

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Bisnow’s Zak Guysenir Takes On Chicago Business Directorship
News 5 months ago
Bisnow’s Zak Guysenir Takes On Chicago Business Directorship

Zak Guysenir claims he has never lost a game of ping-pong, because he will break his paddle before he lets his opponent win. Now, Zak brings his...

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Sterling Bay's Lincoln Yards Plan Is Almost Home, But A New Mayor May Have Other Ideas
News 5 months ago
Sterling Bay's Lincoln Yards Plan Is Almost Home, But A New Mayor May Have Other Ideas

Sterling Bay's Lincoln Yards plan continued its expected march through Chicago's City Council Wednesday afternoon. The full council voted 33-14 to...

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Zak Guysenir Brings His Competitive Streak To Bisnow Chicago
News 5 months ago
Zak Guysenir Brings His Competitive Streak To Bisnow Chicago

Zak Guysenir claims he has never lost a game of ping-pong, because he will break his paddle before he lets his opponent win. Now, Zak brings his...

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Development Boom Is Exacerbating Labor Shortage, But Could Increase Opportunities For Women
News 5 months ago
Development Boom Is Exacerbating Labor Shortage, But Could Increase Opportunities For Women

The world of commercial real estate underwent a revolution in the past decade. Although much progress is still needed to reach equality, the...

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United Airlines Decides To Stick With Willis Tower
News 5 months ago
United Airlines Decides To Stick With Willis Tower

Blackstone's decision to spend $500M to remake its iconic Willis Tower is already paying dividends. United Airlines said Wednesday that it will...

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Expecting Massive Changes, Real Estate Industry Sifts Through Subtle Differences Between Candidates In Historic Chicago Mayoral Election
News 5 months ago
Expecting Massive Changes, Real Estate Industry Sifts Through Subtle Differences Between Candidates In Historic Chicago Mayoral Election

There's little doubt the Chicago region's real estate community was caught a bit flat-footed by the outcome of the city's mayoral primary Feb. 26....

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Waterton, Waterford Team Up For Hotel Investment, Preparing For Possible Recession
News 5 months ago
Waterton, Waterford Team Up For Hotel Investment, Preparing For Possible Recession

Waterton, an investor active in the multifamily and hotel sectors, just formed a new venture with Waterford Hotel Group, and company officials say...

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This Week's Chicago Deal Sheet
News 5 months ago
This Week's Chicago Deal Sheet

Steppenwolf Theatre Co. broke ground last week on the next phase of its multiyear expansion at 1646 North Halsted St. in Chicago's Lincoln Park....

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Suburban Class-A Properties Sparkle, But Obsolete Buildings Will Remain A Problem
News 5 months ago
Suburban Class-A Properties Sparkle, But Obsolete Buildings Will Remain A Problem

As big-name companies continue generating headlines by migrating from the suburbs into downtown Chicago, suburban real estate experts say we need a...

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The Growth Of E-Commerce Is Getting Chicago Its Share Of Mega-Leases
News 5 months ago
The Growth Of E-Commerce Is Getting Chicago Its Share Of Mega-Leases

It is well-known that e-commerce and logistics firms now drive much of the demand in the nation's industrial market, but the importance of these...

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Unemployment Could Drop To 3.2%, But Automation Can Ease CRE’s Talent Crunch
News 5 months ago
Unemployment Could Drop To 3.2%, But Automation Can Ease CRE’s Talent Crunch

The tightest labor market in the last 50 years may get even tighter. The U. S. has added jobs for 100 straight months, and unemployment is sitting...

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Traditional Retail May Be Hurting, But Properties Can Thrive As Niche Entertainment Centers
News 5 months ago
Traditional Retail May Be Hurting, But Properties Can Thrive As Niche Entertainment Centers

The one-two punch of recession and the rise of e-commerce about a decade ago hit the nation's retail sector hard, but some landlords still place...

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This Week's Chicago Deal Sheet
News 5 months ago
This Week's Chicago Deal Sheet

Chicago's multifamily market continues to boom, and the South Loop is about to get even more apartments. Draper and Kramer started construction on...

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