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The Tide Is Turning Away From Shrinking Office Footprints

Posted on April 5, 2021 by Aaron Anovitz in Commercial

When the pandemic hit in March of 2020 and everyone started working from their homes no one was certain what the office space world would look like in the future.  Would the Willis Tower be turned into residential condos, would Chicago’s central business district become a ghost town? Talking with tenants, brokers and employees over […]

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A warning sign City Hall should heed

Posted on September 30, 2019 by Aaron Anovitz in Commercial

A key indicator of the health of the downtown office market has begun to flash red. Author GREG HINZ On Politics. As Mayor Lori Lightfoot prepares to present her critical first city budget, a key indicator of the health of the downtown office market has begun to flash red—a sign of the difficulties the mayor […]

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River West site next to Tribune Media megaproject hits the market

Posted on August 14, 2019 by Aaron Anovitz in Commercial

The Salvation Army is looking to sell its main downtown campus in the River West neighborhood, hoping to cash in on real estate investors’ appetite for land near the gentrifying North Branch of the Chicago River. Paving the way for what could be a big redevelopment project in the city’s expanding central business district, the […]

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