When most developers talk about community, they’re referring to lot sizes, traffic patterns, and maybe a town square with a few restaurants. But when Tom Hoban talks about community, he’s talking about something…
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…
As the digital economy continues to expand, Chicago has emerged as one of the top markets in the United States for data center development. With its central location, strong infrastructure, and access to…
The recent announcement of Celadon Partners’ $70 million senior housing project in Deerfield underscores a trend of reimagining underutilized commercial properties to meet new housing needs. The development, aimed at expanding senior living…
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…
Chicago’s office market is under siege, and the recent foreclosure suit against Accesso Partners’ Loop office tower at 200 West Monroe Street is a glaring sign of distress. Once valued at $100 million…
The commercial real estate market in Glenview, Illinois, continues to solidify its reputation as one of Chicagoland’s most desirable suburban locations across asset classes. The recent news of Jacobs Companies securing subdivision approval…
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…
