Chicago’s Commercial Real Estate Market: News and Trends
The Chicago commercial real estate market is among the top commercial real estate markets in the country. It competes with cities such as Los Angeles, New York City, and San Francisco for the “best CRE markets”. Despite the pandemic and the ebbs and flows of real estate in the past few years, markets such as […]
Commercial real estate in Chicago may blossom this spring
Like a majority of the United States, the Chicago commercial real estate (CRE) market has been in a malaise for the past several years. Recently, however, subtle changes in perspective and investment can be seen in the city and surrounding communities. The landscape of CRE in the Chicago area is always evolving and is shaped […]
Commercial Real Estate Trends To Watch For In 2025
There’s no doubt commercial real estate faces significant headwinds as we look toward another year. The office sector continued to struggle in 2024, while an evolving economic climate, the growth of experiential consumerism and the ongoing quest to find tenants all challenged owners. Some saw 2024 as marking the conclusion of one economic cycle, with […]
2024 commercial real estate outlook
Key takeaways Expense mitigation is a top priority for most respondents; revenue expectations dropped to their lowest level since we began our survey in 2018. Top areas for expense mitigation are in talent and office space. Respondents point to cost of capital and capital availability as the weakest among real estate fundamentals. About half of […]
Jamie Dimon says the US can avoid a commercial real estate crisis if the economy sticks a soft landing
Jamie Dimon said the distress in the US commercial property sector won’t become a full-blown crisis, and will only deteriorate if the US hits a recession. The CEO of JPMorgan Chase told CNBC on Monday that many real estate owners can manage the current level of stress weighing on the market, and rising defaults are […]
How strong is the commercial real estate market in St. Louis?
Is demand strong for commercial real estate in St. Louis? Are investors looking for industrial and multifamily space here in which to sink their dollars? Are vacancy rates falling in retail strip centers? Are companies searching out Class-A office space? The answers depend upon how you define the St. Louis area. As with most major […]