The commercial real estate landscape in Logan Square is undergoing a significant shift as RXO, a Charlotte-based freight brokerage provider, looks to sublease a substantial portion of its workspace in the Green Exchange…
The suburban Chicagoland office market continues to face significant headwinds, with the latest example being the potential foreclosure of a Bannockburn office building owned by Wanxiang America Real Estate Group. According to The…
The latest trend in office space design isn’t about open-concept workspaces or collaborative hubs—it’s exterior conference rooms. While this might seem like a simple architectural shift for employees, it signifies one thing: if…
The Feil Organization, a prominent New York-based real estate firm, is facing a foreclosure lawsuit concerning its property at 10 South LaSalle Street in Chicago’s Loop. The suit, initiated by Wilmington Trust, arises…
The future of in-person real estate, particularly in the office and retail sectors, hinges on prioritizing walkability and experiences. As remote work and e-commerce continue reshaping how people engage with physical spaces, developers,…
The recent acquisitions by Glenstar and 601W Companies—purchasing office buildings in Chicago at steep discounts—highlight a major shift in the city’s office real estate market. These transactions reflect broader trends: high vacancies, distressed…
Schaumburg, one of Chicago’s most dynamic suburbs, is poised for a significant transformation with ambitious mixed-use development plans. These projects aim to create vibrant, walkable environments that combine residential, retail, office, and recreational…
The recent approval of zoning changes for the residential conversion of 65 E. Wacker Place, a former office building in downtown Chicago, marks another significant development in the shifting dynamics of the city’s…
The news of Invesco signing a lease extension at KORE’s suburban office campus in Downers Grove is a significant indicator of the ongoing evolution of the commercial real estate market in Chicagoland, particularly…
Caterpillar Inc.’s recent decision to close its office near Aurora, Illinois, and lay off 60 employees underscores a pivotal moment for the region. Once a major economic driver, Caterpillar has been scaling back…
