5
Jun
Chicagoland Office Market Update – June 5, 2025
Demolitions and Conversions Now Outpace New Office Development for the First Time in Decades For the first time in nearly 25 years, more office space is being taken out of the U.S. inventory…
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4
Jun
Chicagoland Industrial Market Update – June 4, 2025
Chicagoland Industrial Market Update – June 4, 2025 From Frenzy to Fundamentals: The Industrial Market Rebalances After more than a decade of outsized growth, Chicagoland’s industrial market, like much of the U.S., is…
3
Jun
The $650M Power Move That May Revive The 78 and South Loop
On June 3, 2025, the Chicago Fire Football Club unveiled plans for a privately funded, $650 million, 22,000-seat soccer-specific stadium in Chicago’s South Loop. This stadium will serve as the anchor for “The…
19
May
GEICO’s New Corporate Hub at the Merchandise Mart: A Strategic Signal for the Chicago Office Market
In a notable development for Chicago’s central business district, GEICO has officially opened a new corporate office at the Merchandise Mart. This expansion marks a strategic shift for the insurance powerhouse, which is…
15
May
What Cedar Street’s 300-Unit Apartment Project Tells Us About Fulton Market’s Value
Cedar Street Companies is doubling down on Fulton Market with the $12.7 million acquisition of a development site at 370 North Carpenter Street, where it plans to build a 300-unit apartment project. The…
28
Apr
State of the Chicago Office Market: Sublease Activity at 110 North Wacker Drive
Chicago’s office market remains under pressure in 2025, with new sublease listings at even the most prestigious buildings signaling ongoing challenges. At 110 North Wacker Drive, one of downtown’s top-tier properties, a new…
24
Apr
Grading The Bears Commercial Real Estate Stadium Draft Picks
After a long tenure at Soldier Field, the Chicago Bears are on the clock for their next big pick: where to build their brand-new stadium. Three contenders have emerged in what feels more…
11
Apr
JPMorgan Expands at 131 South Dearborn: A Signal in Chicago’s Office Space Market Shift
The office space market in the City of Chicago is entering a new chapter in 2025. One marked by caution, transformation, and strategic recommitments from major players. A defining move in this evolving…
7
Apr
FINRA’s Expansion at 101 N. Wacker and What It Means for the Chicago Office Market
In a reversal of a downsizing trends that has defined much of the post-pandemic commercial real estate narrative, the Financial Industry Regulatory Authority (FINRA) has expanded its office space in Chicago at 101…
24
Feb
Federal Government’s Chicago Office Downsizing: What It Means for the City’s Office Market
The federal government’s decision to sell off two major Chicago office buildings is sending ripples through an already struggling market. The John C. Kluczynski Federal Building and the Ralph H. Metcalfe Federal Building,…
